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USD/JPY breaks triangle, eyes further gains – Société Générale

USD/JPY has confirmed a bullish breakout, reclaiming the 200-day moving average and signaling renewed upward momentum. With key support at 147.50 holding firm, the pair now sets its sights on the March high at 151.20 and further upside toward 153.10, Société Générale's FX analysts note.

USD/JPY reclaims 200-DMA, upside momentum builds

"USD/JPY has broken out of a base formation in the shape of an ascending triangle, signaling potential for further upside. The pair has reclaimed the 200-DMA for the first time since February, underscoring a renewed upward momentum."

"If USD/JPY sustains above the MA, the rebound phase is likely to continue. The low reached earlier this week near 147.50 serves as a key support in the event of a deeper pullback. On the upside, the next objectives are the March high at 151.20 and a projection near 153.10."

US: Something new on the tariffs front – Commerzbank

The tariffs imposed by US President Trump are set to take effect today. However, there is now new information about countries that have not yet reached an agreement with the US, Commerzbank's FX analyst Antje Praefcke notes.
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USD/JPY exhibits strength near four-month high around 151.00 ahead of US NFP data

The USD/JPY pair trades firmly near a fresh four-month high around 151.00 during Friday’s European session posted earlier in the day.
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