USDJPY: Above 107.40 targets 108.70

Whilst USDJPY remains within a new trading range the near-term momentum favours the bulls. The Bullish Hammer two weeks ago may have market the end of the correction from the 111 highs. However a slight cause for concern is that USDJPY has a tendency to shift between trading ranges in very clear…

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USDJPY: Above 107.40 targets 108.70

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