USD/JPY Consolidates In 105.40 Area

<p>The USD/JPY currency pair has been trading sideways in the 105.40 area since Thursday. It is likely that the exchange rate could gain support from the 55-hour moving average near 105.30 and extend gains in the short term. In this case the rate could face the resistance level—the weekly R1 at 105.76. In the meantime, […]</p>
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