Forex: USD/JPY Technical Analysis – Bulls Set Sights on 101.00
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- Prices are testing above resistance in the 100.38-60 area (trend line from June, Sep top)
- Breaking higher on a daily closing basis would expose 10152 (July 8 high)
- Turning back below 100.38 sees resistance-turned-support at 98.75
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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