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USDJPY pare gains

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  • USDJPY, pare gains, after testing 115.25, the short term 61.8% retrace of the 4th/14th Jan fall.
  • Above the latter would open to 115.67, and a break above the latter, would see 115.85/116.35 High Jan 10 / Jan 4 high and the bull trigger.

Chart source: Bloomberg

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