USDJPY Chart Technical Outlook

USDJPY Chart Technical Outlook USD/JPY’s recent bias is bearish. Investors eye the BoJ and the Fed meetings this week, with an expected hawkish hold from the former and a dovish hold from the latter. Prices stalled at a previous swing low. I expect a sideways price action today. Any rallies ahead of the events can be corrective and find sellers. Resistances are located at 154.60 and 155.60. Supports are found at 153.00 and 152.00.

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