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JPY Drifting Lower in Early NY Hours

DOLLAR-YEN

JPY edging lower in early US hours (recall - similar move higher in USDJPY took place at roughly the same time yesterday...) with USD/JPY just a few pips shy of the Monday highs of 104.86.

Best volumes of the day in JPY futures on the latest move, but notably lower activity than yesterday's spike.

Next resistance flagged at 105.10 - the Aug 19 low and former breakout level

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