00:38a GMT – USD/JPY pair is consolidating above former resisance (now support) at 105.40. Hourlies are overbought but I am looking for this support to hold.

Trading Idea: Above 105.30 look for 105.8 and 106.3. If support is broken look for 105.00 and 104.50

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Source: Technical Analysis – USD/JPY rise expected
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