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Breach of 146.9730 could mean a start of a bullish trend on USD/JPY

USD/JPY has broken through a line of 146.9730. If this breakout holds true, we could see the price of USD/JPY heading towards 149.3042 within the next 6 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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