USD/JPY Technical analysis

Source: Dukascopy Bank SA
FX continues to drift lower, approaching the key support level at 142.500. A decisive break below this level could open the door for further downside momentum, potentially driving prices toward the next significant support around 140.00.



Conversely, if the 142.500 level holds, it could act as a springboard for a rebound or consolidation before the next directional move.

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