Usdjpy today possible technical analysis

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Support Level: Around 147.0
2. Current Price: 147.618
3. Resistance Level: Around 149.0

Distance Calculations:

Distance from Support to Resistance:
149.0 - 147.0 = 2.0 JPY

Distance from Current Price to Resistance:
149.0 - 147.618 = 1.382 JPY

Distance from Current Price to Support:
147.618 - 147.0 = 0.618 JPY

This analysis suggests that if the price holds above 147.0, a potential bullish move toward 149.0 could occur, as indicated by the projected price action in the chart.

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