Thursday, October 15, 2026

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USD/JPY takes out 124.50 barriers; 125 breakout risks rebuke

USD/JPY clears barriers at 124.50; much larger RKOs at 125 are now being spied Risk of Japan MOF or Econ Min rebuking a too-fast yen fall rises above 125 161.8% Fibos at 124.90/125.17 from Mar & '14 low bases add to 125'…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/JPY clears barriers at 124.50; much larger RKOs at 125 are now being spied

  • Risk of Japan MOF or Econ Min rebuking a too-fast yen fall rises above 125

  • 161.8% Fibos at 124.90/125.17 from Mar & '14 low bases add to 125's import

  • Without QQE3, a sustained 125 breakout will need help from firming US data & yields

  • Speed of yen slide also a key consideration & whether it's yen-centric or USD

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By FxWirePro Team