USD/JPY moved sideways in a trading range between 110.84 and 114.73. As long as 110.84 support holds, the sideways move could be treated as consolidation of the uptrend from 107.31, and another rise to test 115.50 resistance is still possible after the consolidation. On the downside, a breakdown below 110.84 support could take price to next support level at 109.50, followed by 107.31.
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