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USDJPY Spikes Through Resistance As Greenback Momentum Builds

FOREX
  • USDJPY spikes through resistance point at 135.50/58, promptly rising to 135.89 high. As mentioned, first level on the topside is 135.96, 61.8% retracement of the Jul 14 - Aug 2 downleg, before 136.58 High Jul 28.
  • EURUSD and Cable extending their declines to close to 1% amid the broad optimism for the greenback.


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