The USDJPY pair seems to be bullish on the 4 hour charts and might test the 102.75 level breaking which it can retest the 105.4 levels again. The pair has consolidated for weeks in a narrow band of 100.5 - 103 levels. There is a strong case for the bulls to take charge and resume the bull move sooner than later. traders can look to enter 102.1X level with a stop loss around 100.4 level with a target of 103.2 in the short span in a few days and if you are ready to hold your position for a weeks it might possibly retest and scale new highs if the key resistance are broken. Good Luck .
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