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USDJPY Resumes Its Primary Uptrend

  • USDJPY has cleared resistance at 116.34/35, the Feb 10 / Jan 4 highs and a bull trigger.
  • The break higher confirms a resumption of the broader uptrend that started early Jan 2021.
  • Attention turns to highs dating back to Jan 2017 - 117.53, the next objective, is the Jan 9 2017 high.

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