USDJPY Intra Retracement 21.07.2023

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USDJPY Intra Retracement 21.07.2023 by BDSwiss_Academy on TradingView.com

After the announcement about intended unchanged BOJ rate today, the Japanese yen fell dramatically.

A retracement is possible since the market seems to experience an interesting resistance on the USDJPY chart. As per the arrow back to the 61.8% of the total move.

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