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USD/JPY: Current 90.50.
There is no good trade configuration for short-term trade and we are not taking a short-term position. The currency pair is running in sideways movement with a strong resistance at 90.80 and support around 90.00. In case USD/JPY breaks over 90.80 then it may go to first 91.20 or possibly 91.60.
"Please see our longer-term outlook under trading Approaches".
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Please see our weekly analysis for mid-term trading under “Trading Approaches”.
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