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USD/JPY Potential Breakthrough Towards 153.00

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Ariana_alila  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Technical Indicators Chart Patterns USDJPY sma Relative Strength Index (RSI) resistence support buy SELL Forex
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trendanalysis indicator chartpattern usdjpy sma relativestrengthindex resistence support buy sell forex
Based on technical analysis, the USD/JPY market is currently in a phase of consolidating its upward trend.

Furthermore, the chart indicates that the oscillation range has not reached overbought levels, suggesting potential further upward movement for this currency pair.

Specifically, surpassing the resistance level at 152.00 could pave the way for a breakout towards the 153.00 mark.

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