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USD/JPY 151.10 still very much on the radar
A moment ago the Bank of Japan governor, Ueda concluded his press conference immediately the USD/JPY fell below 152 again and close to the session lows right now. That was set earlier at 151.64 and it has just now been tested again. So, the reader is reminded of the important technical level, at 151.10. That has remained intact in recent trading and it is the 50% Fibonacci correction level of the 140.25-161.95 rise. Perhaps, if 151.64 gets taken out, this will become increasingly magnetic in due course. As to whether it does get tested and subsequently caps the dollar fall remains to be seen. The USD/JPY is currently trading at 151.67
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