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USD/JPY's recent rebound lost momentum after reaching 156.81, with analysts maintaining a neutral bias for the week. Technical analysis suggests the price action from 159.44 represents a short-term consolidation phase, indicating the upward trend from 139.87 remains intact. Key resistance levels at 156.81, 157.65, and 159.44 are critical for potential further gains. The pair's direction will depend on whether it breaks above these levels, impacting forex traders globally.
