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USDJPY Trading Forecast for June 6, 2016

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
In our previous analysis, we said that USDJPY might temporarily correct down towards 109.40-109.20. And last Friday, price did hit even lower, making a new low at 106.40. We can see chances of it going up as long as 105.50 low remains intact.

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