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USD/JPY off more as weak longs extend

  • USD/JPY off more to 119.62, just ahead of yesterday's 119.60 low.

  • Hourly 119.31-65 Ichimoku cloud providing some comfort.

  • Pair is ascending and could fall into cloud without rebound.

  • Below 119.60, hourly Ichi cloud, next support at 119.28 daily tenkan.

 

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