USDJPY - PREPARING TO DECLINE

As we mentioned, the price rose, to 146.43 or 148.66; currently, the price reached 146.43,

Here we have two scenarios:

1. The price may break the 146.43 level and reach 148.66, after which it might start to decline.
2. However, if it fails to break the 146.43 level, it could drop to 144.19.

For the bullish trade to be activated, a 4-hour candle needs to close above the 149.43 level.
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