Thursday, October 15, 2026

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USD/JPY sees scope on the upside

Pair's scope is on the upside for gains to 120.00 & beyond Market trades further above the daily cloud between 117.85-118.66 Traders are long at 119.65 ahead of the tenkan line, now at 119.29 Daily close back below 119.2…

By Meredith J C Warren
1 min read
USD/JPY sees scope on the upside
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  • Pair's scope is on the upside for gains to 120.00 & beyond

  • Market trades further above the daily cloud between 117.85-118.66

  • Traders are long at 119.65 ahead of the tenkan line, now at 119.29

  • Daily close back below 119.29 will shift bias lower

 

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