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USD/JPY Tests Last Week's Highs as Japan Confirm Zero FX Intervention Across October

JPY
  • USD/JPY remains firm, testing last week's highs at 150.78 as the Japanese finance ministry confirm that zero FX intervention took place across the month-ending October 27th. Strength in the pair puts prices on course to test 150.78/151.09, the Oct 26 High and the 2.764 proj of Jul 14-21 - 28 swing.

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