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USD/JPY retests 122.04

Monday, March 16, 2015 8:47 AM UTC

Pair sees scope for gains through 122.04 - 2015 peak
Tenkan & kijun lines are aligned positively, highlighting upside potential
122.04 will expose 123.00 psychological level
Market found support at 120.58 on Thursday
120.58 - 23.6% retrace of 115.85 to 122.04, January to March rise

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USD/JPY retests 122.04

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