USD/JPY Technical Analysis.

FX:USDJPY   U.S. Dollar / Japanese Yen
Currently, USD/JPY is trading at 106.20. The pair is consolidating in the ascending triangle resistance and support wedges . The pair may start a new up trend if it breaks the resistance level at 106.29, likely It is possible that the pair may consolidate further for some time. If the pair starts a new up trend after breaking the resistance level , then its first target price will be at 107.14 and second target price will be at 107.67.

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