USDJPY strategy
The pair manages to keep yesterday’s gains and is now trading at 113.70. Looking ahead resistance zone seems between 113.80 and 114.00. A move above the higher end of the zone would point to a slight acceleration towards early October high 114.50. Pullbacks cannot be ruled out if the price fails to settle above 114.00. In this case, focus shifts to 113.40 and 113.00
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