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Remains under pressure in early European trade

JPY
  • Some downside continuation for the Yen, with the Currency offered throughout the early morning European session, USDJPY test the intraday high.
  • Initial resistance is at 145.55, Yesterday's high achieved post US IJC.
  • Further out, a test to 146.25, would represent a reversal of Fed Powell's Dovish comments in JH.
  • Key initial level in GBPJPY is at 192.00, which has been rejected multiple times this past couple of Weeks.

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