USDJPY - Keep going up

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USDJPY

The pair has formed a double top from the 4-hour chart, and the chart has touched the 55 SMA around 141.7, it is possible that the pair will go back near the SMA again before reaching higher.

From the fundamental view, Japan has been trying to weaken its currency, BOJ is not even close to trying to support it with higher interest rates. I will not be surprised to see the pair going pass 145 and trying to reach 150 at some point.

for long orders♨️buy from 142.5
for short orders💎sell from 144.9

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