USDJPY back up and retests a cluster of resistance

BY admin admin

Recent highs, trend line and 200 hour MA…
Some recent highs (24 hour highs) on the hourly (up to 107.819), the 200 hour MA at 107.76 and a topside trend line at 107.79 are clustered together. The price is near those levels at 107.76 currently.  Will risk defining sellers keep a lid on the pair?  

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