USD/JPY – Surging higher

USD/JPY has moved above its declining channel. The next resistances are given by 96.13 (20/03/2013 high) and 96.71 (12/03/2013 high). Hourly supports can be found at 94.91 (previous resistance) and 94.38 (previous resistance). • Even though the BoJ has not disappointed market expectations, the…

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USD/JPY – Surging higher

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