The USD/JPY pair maintained its offered tone through the first half of the European trading action, albeit has managed to rebound around 25-30 pips from 1-1/2-week lows set earlier this Friday.From a technical perspective, the USD/JPY pair has already confirmed a bearish breakthrough a one-week-old trading range and seems vulnerable to slide further. Hence, any meaningful recovery attempt might still be seen as a selling opportunity and runs the risk of fizzling out quickly ahead of the 105.40-50 trading range support breakpoint.


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