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USD/JPY on the Verge of a Breakout: Key Levels to Watch!

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USD/JPY is encountering resistance at the trendline, previously a support level. The price attempted to break through earlier but faced rejection. Now, it is approaching the resistance level again, showing breakout potential.

We anticipate a possible breakout above the resistance trendline. A key support zone, marked in grey, provides a critical level to watch for pullbacks or reversals. Monitor price action for confirmation.

DYOR, NFA

Penafian

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