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Published On: Fri, Oct 17th, 2014

USD/JPY – Technical Analysis (20.10.2014)

After the failed attempt on the 105.40 support, USD/JPY resumed its bullish run. Next target on the upside is the 107.48 resistance, followed by 108.24.

After the failed attempt on the crucial 105.40 support, the USD/JPY resumed its strong bullish run. Next target on the upside is the 107.48 resistance, followed by 108.24.

As far as the USD/JPY trades above 105.40, the bias will remain strongly positive.

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