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USD/JPY Hits a Speed Bump—Can Support Stop the Slide?

Looking at the 4-hour chart, the pair declined below the 162.00 and 161.20 support levels. There was a clear move below the 50% Fib retracement level of the upward move from the 159.54 swing low to the 162.84 high.
Date: 03.07.2026  |  Source: actionforex.com
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Quotes

Instrument Price Change (%)
EURUSD 1.144820 +0.10306%
GBPUSD 1.336350 +0.13638%
USDJPY 160.969000 -0.08008%
XAUUSD 4177.885000 +1.31632%
USDCAD 1.417700 -0.026797%
NZDUSD 0.572030 +0.40843%
USDCHF 0.802300 -0.1133%
AUDUSD 0.694280 +0.33734%
EURGBP 0.856660 +0.054894%
EURJPY 184.282000 +0.06679%
GBPJPY 215.115000 +0.0614%
AUDJPY 111.760000 +0.32586%
CADJPY 113.544000 -0.092634%
CHFJPY 200.609000 +0.036402%
NZDJPY 92.074000 +0.36407%
GBPCHF 1.072160 +0.012127%
EURCHF 0.918500 +0.027226%
USDMXN 17.439030 -0.30852%
USDZAR 16.212120 -0.23065%
USDTRY 46.799300 +0.59736%
USDRUB 77.320000 -0.22737%
USDSEK 9.646000 -0.30881%
USDCNY 6.782200 +0.08116%

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