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USDJPY makes new intraday highs

USD
  • USDJPY remains supported on the wider USD bid, following the US IJC beat.
  • Some Hawkish Logan comments are also helping keep Yields higher. (Voter in 2023).
  • Next upside target is much further out for USDJPY, up to 139.59 50.0% retracement of the Oct - Jan bear cycle.

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