US Dollar Offers Trade Opportunities versus Japanese Yen
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Trade Implications – JPY Pairs: Any USDJPY rallies towards multi-month highs near ¥103 represent selling opportunities, while dips near similarly significant lows starting at ¥101.50 could offer attractive long entries.
See next currency section:AUDUSD - Australian Dollar Could Make a Sustained Move Higher
Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.