USD/JPY Analysis by the Mallicast Team

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The USD/JPY pair shows signs of renewed upward movement. Considering it has not yet reached its monthly support level, we may experience a decline towards the price of 143.728. Following this, a rebound could drive the price up to 145.898. After this initial upward move, a pullback may occur, but the subsequent upward trend could target a price of 149.414.