USDJPY

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USDJPY

The level that catches our eye on the USDJPY side is 135.75. This level is the upper limit of the price imbalance that occurs during the sharp decline. It acts as a magnet that the price is attracted to. Although the price has lost some momentum, it is still trading above the EMA21 average in the 4-Hour view. There is no change in the price target. Support: 133.95 - 132.97 - 132.08 Resistance: 135.75 - 137.50