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Keep an eye on USDJPY

  • Keep an eye on USDJPY as we approach 110.97 High Mar 31 and the bull trigger.
  • Above the latter opens to MNI tech 111.19 1.0% 10-dma envelope.
  • Further out sees 111.30 High Mar 26, 2020, and 111.71 High Mar 24 and a key resistance

Chart source: Bloomberg

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