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USD/JPY last trades at Y109.48 after.....>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY last trades at Y109.48 after adding 61 pips Friday, drawing
support from strong U.S. economic data, as nonfarm payrolls, ISM m'fing & U. of
Mich sentiment (f) topped expectations. 
- Bulls look to retake Y109.58, where the rate peaked Friday, which would bring
the Jan 23 YTD high of Y110.00 into view. Meanwhile, bears need a fall below the
cloud Tenkan Sen at Y109.25 before challenging Y109.10, which represents the
21-DMA. 
- Japanese monetary base hits within 15 mins, while trade balance (BoP basis)
comes out Friday. Elsewhere, usual BoJ Rinban ops will also attract interest.

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