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USD/JPY closing in on the next technical level

As update here yesterday once again reminded readers of the next potential resistance level in USD/JPY. That was and still is at 156.01 and it represents a 50% correction of the fall from 160.17 to 151.86. The gains in the USD/JPY have lifted to 155.87 so far and that has weighed on the EUR/USD and the GBP/USD has both pairs edge to session lows a moment ago. The USD/JPY is just now trading at 155.85 
 

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