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Technical Analysis: USD/JPY | Admiral Markets

img The pair dropped to the 76.50 support. Breaking below this level would aim the pair for testing the 75.50 low. However, should the pair hold above 76.50, we could see a rebound back towards the 100-Day SMA by 77.20, the 50-Day SMA by 77.40 and ultimately ahead of the 200-Day SMA by 78.30.

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