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USDJPY - With the pair remaining weak and vulnerable, further weakness is likely in the days ahead. On the downside, support comes in at the 105.00 level where a break if seen will aim at the 104.50 level. A cut through here will turn focus to the 104.00 level and possibly lower towards the 103.50 level. On the upside, resistance resides at the 106.50 level. Further out, we envisage a possible move towards the 107.00 level. Further out, resistance resides at the 107.50 level with a turn above h…
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USD/JPY
The downtrend broke through 107.60 low and the bias remains bearish, for a slide towards 105.40 support zone. Initial resistance lies at 107.00, followed by the crucial area around 107.60. Resistance Support intraday intraweek intraday intraweek 107.00 107.60 107.60 109.90 106.10 105.40 105.40 105.40