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A little earlier today we noted how the USD/JPY had now traded above its 100 day moving average and momentarily stalled at 159.04, which was a previous interim high. We also said it was probably not finished with the topside yet and that has been the case, because the dollar has just now traded as high as 159.27
So, where it the next level on the radar? Well, looking at the daily charts right now, we cannot see much in the way of the 160 handle, but that is not to say it will get that far today. The USD/JPY is right now at 159.26
Well, we said it was magnetic and it has now been taken out. The prior 2026 low at 1.1105 has just now been surpassed on the downside and the EUR/USD...
A little earlier today we noted how the USD/JPY had now traded above its 100 day moving average and momentarily stalled at 159.04, which was a...
Much earlier this morning we noted how the rebound in the EUR/USD such as it was, was not impressive and basically what is known as a dead cat bounce...
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