USD$JPY Continues to Find Buyers on Dips
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This level is a large, round, psychologically significant figure and has seen some buying pressure in the past. Moving higher, the ¥132.50 level is an area where there has been some action in the past, making it a potential target for buyers. After that, the 50-Day EMA sits near the ¥134 level, as does the 200-DayThis area could cause some noise, but eventually, the market could even go to the ¥136.50 level, which was the latest swing high.
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