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USD/JPY: The bulls need to break the downtrend line at 110.45.
- the USD/JPY rebounds and holds the rising 100-day moving average, but it is necessary to break the 1 hour chart key downtrend line to confirm the bullish reversal.
- If you break the trend line resistance, you will open the door to the 50-day moving average 111. If the break below the 100-day moving average of 110.51 will restart the decline