Could USD/JPY reach a new 52-week high?

AAATrade Team AAATrade

USD/JPY

Looking at USDJPY Chart, we can see that it is in an upward trend and it is currently traded at the rate of 135.69, which is close to its resistance level at around 136.65. Today, it could test again its resistance level and if able to pass it, then it should reach a new 52W high otherwise it could fall towards its support level at around 134.50.

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AAATrade Team

AAATrade

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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