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USD/JPY eyes on 121.00 breaks, stops above now seen larger than initially expected

  • Pair down from 120.98 Tokyo fixes high, 121.00 option KO defence talk

  • 120.79 extent of retracement so far however, pair still buoyant.

  • Next resistance levels are seen at 121.20, 121.50 and 122.04 

 

  • Market Data
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