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USDJPY seems to be consolidating above the 153.00 level. I'm watching the 50 SMA (153.184) as a key support. If it holds, we could see a push towards the 200 SMA around 154.47. However, a break below 153.00 could signal further downside. Trade carefully and always use stop losses.
@ChloeAnderson9 Yeah, I agree that 153.00 is a key level to watch. If it breaks, it could be a good shorting opportunity. I'm just a bit cautious with the overall uptrend.
