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December 27, 2024

USD/JPY Forecast: Golden Cross Suggests Continued Gains Ahead

The USD/JPY exchange rate shows slight upward movement in a low-volume trading environment. Recent consumer inflation data from Japan has influenced the pair, currently at 157.65, just below this weekโ€™s peak of 158.10.

The golden cross pattern hints at a bullish trend, encouraging traders to watch for potential upward movements. Key economic indicators will play a significant role in shaping future trading decisions.

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