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USD/JPY could clear clear Cloud & TrendLine on solid ISM data

  • USD/JPY rise from 118.05 more about rebound in Fed hike hopes on jobs data

  • Cloud top & down TrendLine off Mar-Apr high at 120.05/15 being stalked into US ISM

  • USD/JPY needs solid ISM to clear Cloud & TrendLine

  • Offers into 120.40-60 may hold pre NFP unless ISM is decisively strong

  • Small N225 futures bounce above Thur's low, USD-JPY 2-yr yields trending up

  • Market Data
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