Forex: USD/JPY Technical Analysis – Attempting to Break 103.00
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- Prices are testing resistance at 103.05 (123.6% Fib expansion)
- A close above this barrier exposes 103.46 (138.2% Fib exp.)
- Turning back below 102.38 (100% Fib) targets 101.72 (76.4% Fib exp.)
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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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