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FxWirePro: Japanese Yen hits fresh weekly low against US dollar, intraday bias remains bullish

Tuesday, May 10, 2016 4:26 AM UTC

USD/JPY is currently trading around 108.72 marks.
It made intraday high at 108.82 and low at 108.27 levels.
Intraday bias remains bullish for the moment.
A daily close below 108.20 will drag the parity down towards key supports at 106.15, 105.71, 105.45 and 104.55 levels respectively.
Alternatively, a daily close above 109.32 will drag the parity up towards 111.23, 112.60 and 113.42 levels respectively.

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FxWirePro: Japanese Yen hits fresh weekly low against US dollar, intraday bias remains bullish

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