Daily Market Analysis 12|03|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.247 with take profit at 109.401. Bearish Preference: Sell position is envisaged if price trades below 108.809 with take profit at 108.703. Fundamentals:No major economic data Comment: The dollar was up on Friday morning in Asia but remained near a one-week low as calmer bond …

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