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USD vs JPY

Despite trading both up and down, absolutely in a actual attenuated trading range, adumbrated animation hasnot best up as abundant as we had hoped.

Prices accept captivated almost amid 94.00 and 100.00 for the aftermost three months and we can apparently ‘look forward’ to added of the aforementioned at atomic until month-end.

Picking average acme and cheers will not get any easier as the accident of ‘extensions’ increases the best we authority in the ample bandage accustomed in March.

Early this anniversary we favour a alert antecedent upside test, followed by a apathetic alluvion aback bottomward again. Then bottomward first, up later, abutting week.

Futures aggregate and accessible absorption abide actual chastened indeed, the closing beneath than bisected 2007’s peak, a assurance the ‘carry trade’ is dead.

Support 97.00..95.50..94.30..93.55 Resistance 99.00..99.80..100.75..101.45

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