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USDJPY recovers from the low

USD
  • USDJPY continues to unwind Suzuki's earlier headline: "Watching FX moves with high sense of urgency", now back at the 149.00 handle.
  • Resistance noted at 149.10 High Oct 25 2022, has held, although did print a 149.19 high.
  • Further out, sees 149.71 High Oct 24 2022, but the whole world is watching the big Psychological 150.00 level for potential intervention.

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