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USDJPY currency pair recently reversed up from the key support level 134.000, 20-day moving average, support trendline from May and the 50% Fibonacci correction of the upward price impulse 3 from the middle of June. Given the clear daily uptrend, USDJPY currency pair can be expected to rise further toward the next resistance level 136.750 (top of the previous minor impulse wave 3 from the middle of this month).
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