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About xtreamforex26

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  • Birthday 03/15/1993

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  1. xtreamforex26

    Technical Overview of EUR/USD, USD/CAD and USD/CHF Currency Pairs EUR USD The EUR traded lower against the USD and closed at 1.1334. The Ifo Business Climate Index reflects the current economic situation and forecasts for the next six months from the point of view of German companies. The indicator is compiled based on a survey of more than seven thousand companies. A higher than expected reading is seen as favorable for the euro quotes, while lower readings are seen as negative. According to the Analysis, The pair is expected to find support at 1.13156, and a fall through could take it to the next support level of 1.12973. The pair is expected to find its first resistance at 1.13591, and a rise through could take it to the next resistance level of 1.13843. Previous Day range was 43.5 and Current Day Range is 11.6. USD CAD The USD traded higher against the CAD and closed at 1.3231. Canada Retail Sales m/m show changes in the value of goods sold in retail stores in the specified month compared to the previous month. The indicator is calculated based on statistics from several thousand retail stores, and the data is then extrapolated to the whole country. The indicator evaluates the consumer activity and inflation. The indicator growth can have a positive effect on CAD quotes. The pair is expected to find support at 1.31842, and a fall through could take it to the next support level of 1.31377. The pair is expected to find its first resistance at 1.32556, and a rise through could take it to the next resistance level of 1.32805. USD CAD previous Day range was 71.4 and Current Day Range is 16.6. USD CHF The USD traded higher against CHF and closed at 1.0006. Federal Open Market Committee (FOMC) Member Speech may contain indications on the possible future changes in the Fed's monetary policy. Committee members participate in interest rate voting, determine appropriate monetary policy measures and assess the risks to long-run goals of price stability and sustainable economic growth. According to the analysis, pair is expected to find support at 0.99923, and a fall through could take it to the next support level of 0.99786. The pair is expected to find its first resistance at 1.00213, and a rise through could take it to the next resistance level of 1.00366. USD CHF previous day range was 29 and current day range is 11.7. Learn Technical Analysis about EUR USD, USD CAD, USD CHF. Two pairs USD CAD, USD CHF look higher then EUR USD.
  2. xtreamforex26

    Technical Overview of EUR/USD, USD/CAD and GBP/USD Currency Pairs EUR USD The EUR traded higher against the USD and closed at 1.1336. ECB Executive Board Member Speech can have an impact on the euro depending on the speech rhetoric and hints that analysts can find in the speech. Executive board members vote on interest rate and the monetary policy of the European regulator. According to the Analysis, The pair is expected to find support at 1.13159, and a fall through could take it to the next support level of 1.12983. The pair is expected to find its first resistance at 1.13630, and a rise through could take it to the next resistance level of 1.13897. Previous Day range was 45.7 and Current Day Range is 18.6. USD CAD The USD traded lower against the CAD and closed at 1.3175. Core Durable Goods Orders m/m reflect the value of orders received by manufacturers of durable goods in the given month compared to the previous one. The production of transport industry is excluded from the calculation. The index allows forecasting future production volumes in the short term. The value growth can have a positive effect on dollar quotes. The pair is expected to find support at 1.31448, and a fall through could take it to the next support level of 1.31146. The pair is expected to find its first resistance at 1.32105, and a rise through could take it to the next resistance level of 1.32460. USD CAD previous Day range was 65.7 and Current Day Range is 25.8. GBP USD The GBP traded lower against USD and closed at 1.3048 BoE MPC members are responsible for setting the interest rate and their speeches often contain indications on the future possible direction of monetary policy. According to the analysis, pair is expected to find support at 1.30038, and a fall through could take it to the next support level of 1.29594. The pair is expected to find its first resistance at 1.30992, and a rise through could take it to the next resistance level of 1.31502. GBP USD previous day range was 95.4 and current day range is 23.3.
  3. xtreamforex26

    Technical Overview of EUR/USD, USD/CAD and USD/CHF Currency Pairs EUR USD The EUR traded higher against the USD and closed at 1.134. ECB Executive Board Member Speech can have an impact on the euro depending on the speech rhetoric and hints that analysts can find in the speech. Executive board members vote on interest rate and the monetary policy of the European regulator. According to the Analysis, The pair is expected to find support at 1.12914, and a fall through could take it to the next support level of 1.12429. The pair is expected to find its first resistance at 1.13711, and a rise through could take it to the next resistance level of 1.14053. Previous Day range was 81.2 and Current Day Range is 20.1. USD CAD The USD traded lower against the CAD and closed at 1.3211. Federal Open Market Committee (FOMC) Member Speech may contain indications on the possible future changes in the Fed's monetary policy. Committee members participate in interest rate voting, determine appropriate monetary policy measures and assess the risks to long-run goals of price stability and sustainable economic growth. The pair is expected to find support at 1.31837, and a fall through could take it to the next support level of 1.31551. The pair is expected to find its first resistance at 1.32591, and a rise through could take it to the next resistance level of 1.33060. USD CAD previous Day range was 75.4 and Current Day Range is 32. USD CHF The USD traded higher against CHF and closed at 1.0007 FOMC Minutes is a detailed report of the Federal Open Market Committee meeting. The meetings are held 8 times a year and focus on the country's economic and financial conditions, monetary policy and Fed interest rates. The minutes reveal the position of Fed and individual FOMC members concerning the monetary policy and contain data on the interest rate voting: distribution of "for" and "against" votes, as well as the rhetoric of the voting Committee members. The minutes are published in two weeks after the FOMC meeting. Depending on their content, they can affect USD either positively or negatively. According to the analysis, pair is expected to find support at 0.99844, and a fall through could take it to the next support level of 0.99622. The pair is expected to find its first resistance at 1.00420, and a rise through could take it to the next resistance level of 1.00762. USD CHF previous day range was 58.7 and current day range is 13.2.
  4. xtreamforex26

    Technical Overview of EUR/USD, GBP/USD and USD/CHF Currency Pairs EUR USD The EUR traded lower against the USD and closed at 1.1308. ZEW Economic Sentiment Indicator is calculated monthly by the Center of European Economic Research on the basis of a survey of around 300 experts from banks, insurance companies and financial departments of corporations. The survey participants are asked about their expectations concerning the economy, inflation rates, interest rates, stock markets, and oil prices for the next six months. The index reflects the sentiment of institutional investors. Index growth may have a positive impact on euro quotes. According to the Analysis, The pair is expected to find support at 1.12868, and a fall through could take it to the next support level of 1.12604. The pair is expected to find its first resistance at 1.13298, and a rise through could take it to the next resistance level of 1.13510. Previous Day range was 44.7 and Current Day Range is 19.8. GBP USD The GBP traded lower against the USD and closed at 1.2919. Claimant Count Change presents the change in the number of people claiming unemployment benefits during the given month. An increase in the claimant count is an indication of weakness in the labor narket and can have a negative effect on the GDP quotes. The pair is expected to find support at 1.28939, and a fall through could take it to the next support level of 1.28692. The pair is expected to find its first resistance at 1.29400, and a rise through could take it to the next resistance level of 1.29614. GBP USD previous Day range was 46.1 and Current Day Range is 29.6. USD CHF The USD traded higher against CHF and closed at 1.0038. Federal Open Market Committee (FOMC) Member Speech may contain indications on the possible future changes in the Fed's monetary policy. Committee members participate in interest rate voting, determine appropriate monetary policy measures and assess the risks to long-run goals of price stability and sustainable economic growth. According to the analysis, pair is expected to find support at 1.00243, and a fall through could take it to the next support level of 1.00104. The pair is expected to find its first resistance at 1.00516, and a rise through could take it to the next resistance level of 1.00650. USD CHF previous day range was 27.3 and current day range is 17.9.
  5. xtreamforex26

    official

    Meaning of STP Forex Broker There are different types of Forex companies. To be more specific there are two. A Market Maker, and an STP Broker. The 'type' refers to the method with which a company executes its orders and provides its prices. An STP broker stands for Straight Through Processing. Forex companies which operate as STP brokers execute their orders without a dealing desk or third party intervention, which means information that has been electronically entered to be transferred from one party to another is not manually re-entered repeatedly over the entire sequence of events. When an STP broker receives a client's order, the order automatically gets passed to the liquidity provider with whom the Forex broker is working. The liquidity provider is a financial institution such as bank or a hedge fund and in some cases any company which is licensed to be a liquidity provider. Some Forex brokers have several liquidity providers, and that means they can offer better services. A lot of STP brokers will use Banks which trade on the Interbank market as their liquidity providers. The Interbank market is the top level Forex market where banks exchange different currencies. The fact that there is no dealing desk intervention assures that there will be no delays in the execution of orders, and no re-quotes will be sent to clients, and that is a big advantage for traders because it means they will be receiving real time prices, and be able to trade during the release of financial news without restrictions. STP broker stands for Straight Through Processing. When STP broker receives a client's order, the order automatically gets passed to the liquidity provider. Visit Us:- https://xtreamforex.com/forex-article/
  6. xtreamforex26

    Hi, My name is Anu I am officially representative of Xtreamforex XtreamForex is a forex broker, Member of Grandinvesting Group Incorporated in MIS Registration number 84516 IBC 2016 Company number: 84516 If you have any question regarding this broker about the services and promotion feel free to ask me here. i will be happy to assist you. Regards Anu
  7. xtreamforex26

    Technical Overview of USD/CAD, EUR/USD and USD/CHF Currency Pairs USD CAD The USD traded higher against the CAD and closed at 1.3292. Fed Industrial Production m/m reflects the production volume in the US in the given month compared to the previous one. The calculation includes the monthly industrial production of factories, mining enterprises and electric networks. Publishing business and periodicals are included as well. The index is calculated relative to the base period having a reference level of 100% (currently, it is the year of 2002). The Fed uses this report for evaluating inflation and the country's manufacturing sector. The indicator can also be used to forecast the current period's GDP. A higher than expected reading can have a positive effect on dollar quotes. According to the Analysis, The pair is expected to find support at 1.32341, and a fall through could take it to the next support level of 1.31757. The pair is expected to find its first resistance at 1.33454, and a rise through could take it to the next resistance level of 1.33983. Previous Day range was 111.3 and Current Day Range is 23.5. EUR USD The EUR traded higher against the USD and closed at 1.1294. ECB Executive Board Member Speech can have an impact on the euro depending on the speech rhetoric and hints that analysts can find in the speech. Executive board members vote on interest rate and the monetary policy of the European regulator. The pair is expected to find support at 1.12597, and a fall through could take it to the next support level of 1.12250. The pair is expected to find its first resistance at 1.13189, and a rise through could take it to the next resistance level of 1.13434. EUR USD previous Day range was 59.2 and Current Day Range is 12.8. USD CHF The USD traded higher against CHF and closed at 1.0047. Fed Industrial Production m/m reflects the production volume in the US in the given month compared to the previous one. The calculation includes the monthly industrial production of factories, mining enterprises and electric networks. Publishing business and periodicals are included as well. The index is calculated relative to the base period having a reference level of 100% (currently, it is the year of 2002). The Fed uses this report for evaluating inflation and the country's manufacturing sector. The indicator can also be used to forecast the current period's GDP. A higher than expected reading can have a positive effect on dollar quotes. According to the analysis, pair is expected to find support at 1.00281, and a fall through could take it to the next support level of 1.00097. The pair is expected to find its first resistance at 1.00815, and a rise through could take it to the next resistance level of 1.01165. USD CHF previous day range was 53.4 and current day range is 13.3.
  8. xtreamforex26

    Technical Overview of GBP/USD, AUD/USD and USD/JPY Currency Pairs GBP USD The GBP traded higher against the USD and closed at 1.2843. Retail Sales m/m reflect a change in the US retail sails in the reported month compared to the previous one. The indicator is calculated based on statistics received from 5,000 retail stores of different types and sizes, and the data are then extrapolated to the whole country. The indicator is used for estimating inflation. Its growth may have a positive effect on dollar quotes. According to the Analysis, The pair is expected to find support at 1.28052, and a fall through could take it to the next support level of 1.27675. The pair is expected to find its first resistance at 1.29183, and a rise through could take it to the next resistance level of 1.29937. Previous Day range was 113.1 and Current Day Range is 24.9. AUD USD The AUD traded higher against the USD and closed at 0.7088. Initial Jobless Claims show the number of people filing to receive unemployment insurance benefits for the first time over the past week. The indicator is used to assess the state of the labor market. Since the weekly flow of data causes high volatility, the four-week average values are used most often for interpretation. The indicator growth can have a negative effect on US dollar quotes. The pair is expected to find support at 0.70703, and a fall through could take it to the next support level of 0.70531. The pair is expected to find its first resistance at 0.71205, and a rise through could take it to the next resistance level of 0.71535. AUD USD previous Day range was 50.2 and Current Day Range is 35.5. USD JPY The USD traded higher against JPY and closed at 111. Gross Domestic Product (GDP) q/q reflects the monetary value of all goods and services produced in Japan during a given quarter compared to the previous one. The calculation takes into account private consumption, government spending, the costs of all enterprises and net exports of the country. GDP growth can have a positive effect on yen quotes. According to the analysis, pair is expected to find support at 110.599, and a fall through could take it to the next support level of 110.197. The pair is expected to find its first resistance at 111.226, and a rise through could take it to the next resistance level of 111.451. USD JPY previous day range was 6270 and current day range is 2550.
  9. xtreamforex26

    official

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  10. xtreamforex26

    Technical Overview of AUD/USD, USD/CAD and USD/JPY Currency Pairs AUD USD The AUD traded lower against the USD and closed at 0.7061. The National Australia Bank (NAB) Business Confidence Index is calculated based on a business survey of Australian companies conducted by NAB. The report reflects business expectations for 17 different factors, including tax regulation, housing prices, interest rates, wages, geopolitical risks, federal and regional policies, and other factors. A reading above zero indicates improving business conditions and can affect AUD quotes positively. A negative value indicates worsening conditions. According to the Analysis, The pair is expected to find support at 0.70428, and a fall through could take it to the next support level of 0.70423. The pair is expected to find its first resistance at 0.70937, and a rise through could take it to the next resistance level of 0.71261. Previous Day range was 50.9 and Current Day Range is 33.5. USD CAD The USD traded lower against the CAD and closed at 1.3301. JOLTS Job Openings is a monthly report on job vacancies in the US commercial, industrial and office areas. The calculation includes all vacancies that are open as of the last business day of a month. The indicator is included in the JOLTS (Job Openings and Labor Turnover Survey) report based on employers' survey. In addition to job openings, it includes data on employment, hires and separations. JOLTS characterizes the US labor market. Index growth may have a positive effect on dollar quotes. The pair is expected to find support at 1.32688, and a fall through could take it to the next support level of 1.32369. The pair is expected to find its first resistance at 1.33257, and a rise through could take it to the next resistance level of 1.33507. USD CAD previous Day range was 56.9 and Current Day Range is 27. USD JPY The USD traded higher against JPY and closed at 110.367. Industrial Production m/m reflects changes in the Japanese industrial sector outputs in the given month compared to the previous month. The report includes data of all production sectors in Japan, including industry, mining and energy. Industrial production growth may have a positive effect on yen quotes. According to the analysis, pair is expected to find support at 109.936, and a fall through could take it to the next support level of 109.505. The pair is expected to find its first resistance at 110.631, and a rise through could take it to the next resistance level of 110.895. USD JPY previous day range was 6950 and current day range is 3020.
  11. xtreamforex26

    official

    Online Trading Online transactions are today’s most common way of trading, with anyone who has access to the internet being able to open an account and trade. Trading online is now so common that most people don't even consider it a risk, to actually trade with the money and risk losing it. Never the less money trading online is a huge industry, the Forex industry alone has over 5 trillion dollars moving in the market on a daily basis, Online money trading happens mainly in either Forex or Binary options, it is a form of betting, the subject being the global economy and the world's currencies. All trading is based on guesses in market movements, and predictions that allow a trader to make their trading decisions, however it is entirely disconnected from the actual currencies around the world, in the sense that the trader does not receive money from the currencies they bet on, but they receive the money from the broker they choose to trade with. With the rise of online money trading in both Forex and Binary Options, there have been more security systems, and secure money transaction methods, with many legitimate companies offering a real trading experience without any scamming. Furthermore regulatory authorities have been built around the world to monitor online money trading companies and ensure the safety of client's funds. Over all in this day and age, online money trading is far from the risky taboo that it was at the dawn of the world wide web, when nobody trusted this new alien they could not understand. Instead it is a part of the global economy, and a part of pretty much every body's life. Online trading is today’s most common way of making money in forex market. Read this article in brief to know What is Online Trading with XtreamForex.
  12. xtreamforex26

    Technical Overview of GBP/USD, NZD/USD and EUR/USD Currency Pairs GBP USD The GBP traded lower against the USD and closed at 1.2938. Manufacturing Production m/m shows the change in the value of goods produced in the manufacturing sector of the UK industry in the given month compared to the previous month. Manufacturing (production of foods, pharmaceuticals, light industry, metal processing, etc.) accounts for about 80% of the overall UK industrial production. The indicator growth may have a positive effect on the pound quotes. According to the Analysis, The pair is expected to find support at 1.29147, and a fall through could take it to the next support level of 1.28909. The pair is expected to find its first resistance at 1.29678, and a rise through could take it to the next resistance level of 1.29971. Previous Day range was 53.1 and Current Day Range is 12.1. NZD USD The NZD traded higher against the USD and closed at 0.6745. Electronic Card Retail Sales m/m reflect a percentage change in electronic card transactions over the reported month compared to the previous one. The indicator can be used in the estimation of consumer spending and economic activity. The indicator values are seasonally adjusted and can be revised on a monthly basis, while monthly movements can fluctuate. The pair is expected to find support at 0.67274, and a fall through could take it to the next support level of 0.67099. The pair is expected to find its first resistance at 0.67643, and a rise through could take it to the next resistance level of 0.67837. NZD USD previous Day range was 36.9 and Current Day Range is 32.3. EUR USD The EUR traded bit lower against USD and closed at 1.1323. FED Chair Speech affects USD depending on the speech rhetoric. If the speech is seen as an intention to raise the rates at the next FOMC meeting, this has a positive impact on USD and vice versa. The FED Chair's statements have the greatest impact on the market compared to other members of the FED Board of Governors. According to the analysis, pair is expected to find support at 1.13129, and a fall through could take it to the next support level of 1.13024. The pair is expected to find its first resistance at 1.13423, and a rise through could take it to the next resistance level of 1.13612. EUR USD previous day range was 29.4 and current day range is 12.8.
  13. xtreamforex26

    Technical Overview of AUD/USD, USD/CAD and USD/JPY Currency Pairs AUD USD The AUD traded lower against the USD and closed at 0.7100. Reserve Bank of Australia (RBA) Monetary Policy Statement is published quarterly. It provides explanations to the current monetary policy and description of economic state and inflation prospects. According to the Analysis, The pair is expected to find support at 0.70871, and a fall through could take it to the next support level of 0.70740. The pair is expected to find its first resistance at 0.71152, and a rise through could take it to the next resistance level of 0.71302. Previous Day range was 28.1 and Current Day Range is 43.3. USD CAD The USD traded higher against the CAD and closed at 1.3307. Canada Employment Change shows a change in the number of officially employed Canadians in the reported month. The indicator is used when measuring Canada's labor market. The indicator growth can have a positive effect on CAD quotes. The pair is expected to find support at 1.32344, and a fall through could take it to the next support level of 1.31619. The pair is expected to find its first resistance at 1.33482, and a rise through could take it to the next resistance level of 1.33895. USD CAD previous Day range was 113.8 and Current Day Range is 31. USD JPY The USD traded bit lower against JPY and closed at 109.799. Federal Open Market Committee (FOMC) Member Speech may contain indications on the possible future changes in the Fed's monetary policy. Committee members participate in interest rate voting, determine appropriate monetary policy measures and assess the risks to long-run goals of price stability and sustainable economic growth. According to the analysis, pair is expected to find support at 109.577, and a fall through could take it to the next support level of 109.354. The pair is expected to find its first resistance at 110.051, and a rise through could take it to the next resistance level of 110.302. USD JPY previous day range was 4740 and current day range is 1890.
  14. xtreamforex26

    Technical Overview of EUR/USD, USD/CAD and USD/CHF Currency Pairs EUR USD The EUR traded lower against the USD and closed at 1.1405. Despite macroeconomic data released this Tuesday favored an advance in EUR/USD the pair ends the day with losses at pre-FOMC levels. 1.1315 at sight should the 1.1400 figure gives up. The Energy Information Administration's (EIA) Crude Oil Stocks Change Indicator is published weekly. It measures the number of barrels of commercial crude oil held by US companies. It is one of the indicators affecting world oil prices. Growing crude oil stocks indicate a weaker demand for oil and can have a negative impact on the oil barrel price. According to the Analysis, The pair is expected to find support at 1.13907, and a fall through could take it to the next support level of 1.13767. The pair is expected to find its first resistance at 1.14293, and a rise through could take it to the next resistance level of 1.14539. Previous Day range was 38.6 and Current Day Range is 13. USD CAD The USD traded higher against the CAD and closed at 1.1325. The USD/CAD pair trades little changed around 1.3130 on early Wednesday. The pair has strong resistance confluence near 1.3205-1.3210 that includes 100-day simple moving average (SMA) and a month old descending trend-line. Canada Ivey Purchasing Managers Index (PMI) shows economic activity in the past month calculated by the Ivey School of Business. The indicator is calculated based on a survey of purchasing managers in the private and public sector companies. The survey involves representatives of 175 companies selected in view of their field of activity and geographical location. Respondents answer questions about whether purchases, employment, supplies and prices in their sector have become better, worse or has not changed over the reported month. Survey results are seasonally adjusted. A reading above 50 indicates that the economic activity is expanding, a reading below 50 suggests the economy is in contraction. The index growth can have a positive effect on CAD quotes. The pair is expected to find support at 1.31002, and a fall through could take it to the next support level of 1.30757. The pair is expected to find its first resistance at 1.31511, and a rise through could take it to the next resistance level of 1.31755. USD CAD previous Day range was 50.9 and Current Day Range is 26.1. USD CHF The USD traded bit higher against CHF and closed at 0.9995. US Dollar Index struggles to break above 96.10-year T-bond yield erases gains to weigh on the greenback. Coming up: ISM and Markit non-manufacturing PMI data from the U.S. According to the analysis, pair is expected to find support at 0.99706, and a fall through could take it to the next support level of 0.99464. The pair is expected to find its first resistance at 1.00198, and a rise through could take it to the next resistance level of 1.00448. USD CHF previous day range was 49.2 and current day range is 16.9.
  15. xtreamforex26

    Technical Overview of AUD/USD, NZD/USD and USD/JPY Currency Pairs AUD USD The AUD traded higher against the USD and closed at 0.7225. Australia Retail Sales m/m show a change in the turnover of goods and services sold in retail outlets in the given month compared to the previous month. The turnover of goods and services sold in retail outlets include retail sales, wholesales, takings from repairs, sales in public places, commission from agency activity, as well as the goods and services tax. The indicator growth can have a positive effect on the Australian dollar quotes. According to the Analysis, The pair is expected to find support at 0.72060, and a fall through could take it to the next support level of 0.71873. The pair is expected to find its first resistance at 0.72486, and a rise through could take it to the next resistance level of 0.72725. Previous Day range was 42.6 and Current Day Range is 60.1. NZD USD The NZD traded higher against the USD and closed at 0.6896. ISM Non-Manufacturing PMI reflects activity in the US service sector in the reporting month. The indicator is based on a survey of representatives from more than 400 companies. Unlike Markit, ISM considers not only private companies but is based on the common NAICS (North American Industrial Classification System) list. Readings above 50 can have a positive effect on US dollar quotes. The pair is expected to find support at 0.68754, and a fall through could take it to the next support level of 0.68548. The pair is expected to find its first resistance at 0.69111, and a rise through could take it to the next resistance level of 0.69262. NZD USD previous Day range was 35.7 and Current Day Range is 30.4. USD JPY The USD traded bit higher against JPY and closed at 109.874. Household Spending y/y measures the total expenditure by Japanese households in the given month compared to the same month of the previous year. The index is calculated based on a statistical sample of households in the country. The calculation includes expenditures on food, housing, utilities, furniture, closing, health, education, transport, communication, leisure activities, etc. The index is viewed as an indicator of economic growth and consumer optimism. It allows measuring the level of inflation in the country. The indicator growth can have a positive effect on the yen quotes. According to the analysis, pair is expected to find support at 109.484, and a fall through could take it to the next support level of 109.093. The pair is expected to find its first resistance at 110.212, and a rise through could take it to the next resistance level of 110.549. USD JPY previous day range was 7280 and current day range is 2010.
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