USD/JPY Mid-Day Outlook

Outlook in USD/JPY remains unchanged. Further rally is still expected as long as 104.45 support holds. As discussed before, break of 150.70 resistance confirms that whole rebound from 95.77 has resumed. Next upside target will be 38.2% retracement of 124.13 to 95.77 at 106.60. On the downside, below 104.45 will...



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