USD/JPY Likely To Decline

<p>The USD/JPY currency pair remains to trade below the psychological level at 104.00. Given that the exchange rate is pressured by the 55-, 100– and 200-hour SMAs in the 103.80 area, it is likely that some downside potential could prevail in the market. Note that the rate could face the support level—the weekly S1 at [&#8230;]</p>
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