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USDJPY Intraday Analysis

USDJPY (112.35): The USDJPY currency pair was seen testing the price level near 112.28. The 4-hour Stochastics is pointing to a hidden bullish divergence. However, failure to break past the previous highs established at 112.71 could however signal a potential move to the downside. The break down below 112.28 could trigger further declines to 111.13 level.

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