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GBPJPY 14/09/2022

337
Price retesting a recent support at 164.867 while having a possible resistance at 165.513 moving in respect to a recent downtrendline in 30 min tf. Now if price respects the possible resistance & makes a breakout of the recent support then it could continue to come down to the next support at 164.290 or all the way to 163.615.
However if price breaks out of the possible resistance breaking the downtrend, then it could push all the way to to previous resistance at 165.963.

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