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USD/JPY just pushed back from 120.10 to just below 120.00.

  • Pair down more in past hour, early 119.90 or so low eclipsed 119.66 trades

  • Early longs bail, Nikkei probable channel, down to around par on day

  • Technical support around 119.72 hourly Ichi kijun, hourly cloud 119.17-59

  • Daily chart support 119.68 flat tenkan, 119.31 100-DMA, 118.94 cloud base 

 

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