The USDJPY currency is consolidating today, between 97.15 and 97.56. As for technical analysis of the pair, USDJPY is moving below the 50-days SMA, 100-days SMA and 200-days SMA as you can see at the chart. The breakout of 97.15 possibly will lead to the first support level at 96.85, while an uptrend above 97.56 will probably find resistance at 98.12.
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