USD/JPY. Analysis and Forecast
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Today, the USD/JPY pair has shown some resilience below the 100-hour Simple Moving Average (SMA)From a technical perspective, the USD/JPY pair demonstrated some stability today below the 100-hour SMA, which favors the bulls. Oscillators remain confidently in positive territory and are far from the overbought zone, indicating that the path of least resistance for spot prices is to the upside. Therefore, further strengthening toward the round level of 149.00 is quite likely. The upward movement may continue and reach the
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