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USD/JPY extends rally, stops tripped

From fxbriefs.com

Stops tripped through 99.20 and we got to 99.30, presently 99.22. Decent Middle Eastern demand noted. Talk now of Japanese exporter sell interest gathered up at 99.50. My boy is just telling me there’s solid technical resistance up at 99.35/45 ;) Lot of wood to chop for those readers who have gone for 100.00 being reached today. I’m one of the biggest yen bears I know and even I don’t see it happening today :) (full story)

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  • Category: High Impact Breaking News