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Y103.30-103.95 provide break out levels

JPY
MNI (London)
  • Trade parameters closing in with technical resistance at Y103.95 gaining strength as the bear channel top, from March) eases to this level.
  • A break of Y103.95 to expose the Y104.15/20 area.
  • Support now seen at Y103.55/45, a break to expose the Jan21 low at Y103.33 ahead of the 61.8% retrace level at Y103.28(Y102.59-104.40), with support strengthening into Y103.00.
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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