USDJPY had previously broken the downtrend channel and rose to the resistance area of 147,000 and then retreated. It is currently above this channel area and in the resistance area of 144,000. I think it will test the 147,000 again in the coming days as the dollar loses value.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.