USD/JPY is testing key resistance levels – Analysis – 04/11/2025

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The USD/JPY pair advanced during its latest intraday session, testing the key resistance level at 154.30. The move is supported by the pair’s position above the 50-day Exponential Moving Average (EMA50), which strengthens the prevailing short-term bullish trend. Trading along the ascending trendline, combined with positive signals emerging from the relative strength indicators after easing previous overbought conditions, suggests potential for further gains in the coming period.

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