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USD/JPY slightly up

FXstreet.com (Buenos Aires) - USD/JPY remains above 93.00, little changed since Asian opening. Daily charts showing a probable triple floor formation around 91.70 zone, with a neck around 93.60, past Thursday high, are slightly bullish, thus pair has not yet grab upside momentum. 93.30 today’s high is the first resistance for today, followed by mentioned high around 93.60. Clear break above that level could trigger some upside rally with 94.00 as next resistance to consider.

Regarding supports, 92.80 is the first to consider, followed by 92.55 and under 92.20 not seen at this point. Daily charts also show an engulfing bullish pattern, and that should hold the downside today, along with 20 SMA under current price both in 1 and 4 hours charts.

USD/JPY (Jul 14 at 10:34 GMT)

93.13/15 (0.14%)

H 93.33 L 92.79

S3S2S1R1R2R3
92.929592.986393.043293.156893.213793.2705
[?]Trend Index[?]OB/OS Index
NeutralNeutral
Data updated on Jul 14 at 10:30 (15-minute timeframe)

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