USDJPY

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USDJPY

USDJPY bounced off 129.80. The price seems to be holding at this level for now. If the blue box is lost, we will be watching the parity continue to fall. The 131.47 near-term target we mentioned yesterday has been realized. The price is maintaining its upward momentum for now. Support: 130.54 - 129.80 Resistance: 132.28