The USDJPY is stuck between the 106.00 level and the 106.78 level. The 55 day EMA could act as resistance, followed by the 108.00 level. To the downside, below the 106.00 level, the low at the 104.45 level could act as support.
usdjpy is trading under MA150 at h4 and the support of 106.00 will be probably tested again. the resistance is 106.75 as the first strong level for buyers. I suppose that after this correction, the 104.5 will be tested again.
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