USD/JPY. Analysis, Forecast, and Current Market Situation
USD/JPY. Analysis, Forecast, and Current Market Situation
From a technical perspective, yesterday's strong
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From a technical perspective, yesterday's strong rebound in USD/JPY from the 146.20 level stalled at the round figure of 148.00. Sustained gains above this level could lead to a move toward 148.50. Modest renewed buying would shift the short-term bias in favor of the bulls, paving the way toward the round figure of 149.00.On the other hand, the 147.10–147.00 level is providing immediate support, below which USD/JPY could retest the multi-week low reached on Thursday near 146.20. Further selling below
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