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USD/JPY hit 124.14 June 2007 high

  • USD/JPY through the June '07 high of 124.14, stops from 124.15 taken out

  • 124.28 new trend/multi-year high, 125.65-75 Oct/Dec '02 highs now eyed

  • Presumed option barriers ahead at 124.50, 125.00 (large), 125.50

  • Japan investor interest in foreign bonds to remain strong



 

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