Conversely, in the scenario of sellers regaining control and driving the exchange rate lower, support appears at 149.70 and 148.90 thereafter. Continued losses beyond these thresholds may lead to a pullback towards 147.50 in the near term.
USD/JPY outlook: Extended consolidation above trendline support to precede push towards key barriers Confirm long Target
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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.