USD/JPY Mid-Day Outlook

USD/JPY's rebound from 108.13 continues into US session and reaches as high as 109.93 so far. Current development argues that correction from 110.66 might be completed. Break of this high will confirm rise from 1.0376 has resumed for next target of 61.8% projection of 95.77 to 108.58 from 103.76 at...



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[Source: Action Insight - Forex Analysis (ActionForex.com)]



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