The USDJPY currency pair is currently trading at 139.265 and there is a possibility of a further decrease in value to around 135.60 if the price falls below 137, according to SocGen.

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USDJPY Chart by TradingView

USD/JPY witnessed a gradual decline for five consecutive sessions. Economists at Société Générale analyze the pair’s technical outlook.

See: USD/JPY likely has further room to run lower – TDS

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