The USDJPY peaked earlier today near a key swing area between 147.01 and 147.338 and has since rotated lower, signaling potential exhaustion from buyers. The failed push higher highlights resistance and puts focus on support levels below.
The next key target lies within the 145.92 to 146.26 zone — a swing area that includes the 61.8% retracement of the move down from the June high at 145.978
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