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Under renewed pressure against the EUR and GBP

JPY
  • Although the Yen is still steady against the Dollar, the Japanese Yen extends further losses vs the Pound and the EUR.
  • Next upside target in EURJPY is 170.79, pre 1st "intervention" level.
  • For GBPJPY it looks to test 199.90, which was the level around the first MOF intervention.
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  • Although the Yen is still steady against the Dollar, the Japanese Yen extends further losses vs the Pound and the EUR.
  • Next upside target in EURJPY is 170.79, pre 1st "intervention" level.
  • For GBPJPY it looks to test 199.90, which was the level around the first MOF intervention.