USD/JPY: Battling Between Resistance and Support
The EMA 34 and EMA 89 are providing strong "support" for the current trend. If USD/JPY breaks through 144.486, a potential breakout could drive the price higher.
But if it fails, a "pullback" to 141.728 is likely. The "winds" from inflation data and monetary policies from the US and Japan will determine the next move.
Be ready: Buy on the breakout or sell if the price pulls back!
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