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Breach of 134.0450 could mean a start of a bullish trend on USD/JPY

USD/JPY has broken through a line of 134.0450. If this breakout holds true, we could see the price of USD/JPY heading towards 134.7644 within the next 18 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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