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USD/JPY(20250728)Today's Analysis

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Market news:
Trump announced that the US and Europe reached a trade agreement: 15% tariffs on the EU, $600 billion in investment in the US, zero tariffs on the US by EU countries, the EU will purchase US military equipment, and will purchase US energy products worth $750 billion. However, the US and Europe have different opinions on whether the 15% tariff agreement covers medicines and steel and aluminum. Von der Leyen: 15% tariff rate is the best result that the European Commission can achieve.
US Secretary of Commerce: The deadline for tariff increase on August 1 will not be extended. The United States will determine the tariff policy on chips within two weeks.

Technical analysis:
Today's buying and selling boundaries:
147.47

Support and resistance levels:
148.58
148.17
147.90
147.04
146.77
146.35

Trading strategy:
If the price breaks through 147.90, consider buying, the first target price is 148.17
If the price breaks through 147.47, consider selling, the first target price is 147.04

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