- USD/JPY big spec-driven rise has completed 161.8% of the Mar-Apr base at 124.92
- 2-yr Treasury yields supplying the main lift, as Fed tightening hopes persist
- Pair could see a decent pullback if this objective & key 125 barriers hold
- Minimum 23.6% retracement is at 123.36; by Wed's Tenkan & up TrendLine readings
- Key will be if Abe govt tries to talk yen up to avert rapid rise in import costs


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FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains
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GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
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Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY
FxWirePro: GBP/AUD loses momentum but outlook is bullish
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FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Woodies pivot (Major)
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 



