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Published On: Sat, Jan 3rd, 2015

USD/JPY – Technical Analysis (05.01.2015)

Next target for the USD/JPY is 120.80, en route to the major resistance at 121.84. All downside attempts should be stopped at the 118.85 support level.

The USD/JPY uptrend is firmly intact. Next target for the forex pair is 120.80, en route to the major resistance at 121.84. All downside attempts, if present, should be stopped at the 118.85 support level.

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