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NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70

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USD/JPY tracks hourly Ichi cloud top higher

Wednesday, March 11, 2015 4:13 AM UTC

USD/JPY pulls higher after trade down to 120.85 early, 121.45 high.
Upbeat Nikkei helping, +0.54% on day at writing, fall eyed pre-TSE open.
Some option expirations at 121.50, USD410 mln, bln at 122.00.
Some technical resistance at flat 121.44 Ichi kijun line.
High yesterday 122.04, offers at 122 seen but stops 122.05+.

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USD/JPY tracks hourly Ichi cloud top higher

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