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USDJPY failed to clear Y110.05...........>

DOLLAR-YEN
DOLLAR-YEN: USDJPY failed to clear Y110.05 overnight, giving more importance to
this level (Hourly highs May 10). The subsequent retracement with added weight
from China trade headlines extended the corrective pullback to Y109.55. Support
comes in today at 109.53 from the 50% fibo of the weekly range, below here opens
the double-bottom area at 109.35, ahead of the key Y109.00 level (Y109.02 - Mayb
13 low).   

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