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USD/JPY : Bullish Bias On Hourly Chart

USDJPY was earlier following a downward channel trend and the pair just now broke the resistance trend line which gives a signal of a change in downtrend to the uptrend. The pair should now continue to move upward and the nearest resistance the pair might find is at 102.07 which was previously also acting as a support for the pair. If it breaks this resistance it might move upto the level of 102.19.