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Testing broader lows

JPY
  • The Yen is seeing some unwind, after trading at its highest in 12 sessions against the Dollar, and despite the lower US Yield, the Yen is on the back foot and testing session lows against the EUR, GBP, USD, AUD, and is the only Currency down against the Dollar in G10, with the NOK.
  • Some market participants will look at 147.11, Yesterday's high for initial resistance in the USDJPY.

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