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USD/JPY dips on Chicago PMI miss, supported by hourly up trendline 123.66

  • Chicago PMI miss hits USD, USD/JPY slips but dip limited to 123.80 so far

  • Pair above 123.66 hourly up trendline support, that trendline will be reinforced by the hourly Cloud base at 123.61 this afternoon

  • Treasury yields hit; Japan bids by 123.50; stops building below

  • Nervous spec longs exiting on rallies above 124 ahead of the weekend

  • Market Data
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