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USD/JPY trades just beneath 159.50 on Tuesday August 11, effectively unchanged inside a 47-pip range, wedged between a reclaimed 200-day moving average near 158.00 and a declining 50-day near 160.50.

Resistance: The mid-July peak near 1.3550 is the first line, and a daily close through it opens 1.3600, with the February high just short of 1.3900 the longer objective. Support: 1.3450 is the first ...

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