As for this pair by itself, if we can break above the ¥112 level, we are very likely to go looking towards ¥114 above. By contrast, if we break down below the ¥110.50 level, we will test the ¥110 level, and then possibly the ¥109 level after that. That being said, the pair seems to have less resistance than support in the vicinity, so that should always be paid attention to.
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