“USDJPY retreats after reaching projected target – 31 October 2025 Analysis”

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The USD/JPY pair declined in its latest intraday session after testing the 154.30 resistance level — our previously identified target — which halted the upward movement temporarily. The pair appears to be taking a short pause to consolidate gains and ease overbought conditions, as indicated by emerging negative signals on the relative strength indicators.

This pullback may serve as a corrective move within the broader bullish trend, as the pair continues to trade along its ascending trendline, gathering momentum that could support another attempt to breach the 154.30 resistance level.

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