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USD/JPY Daily Technical Reports

Spot Price: 121.80
Technical Analysis:
Daily downtrend remains intact but yet to post a close below the Cloud top at 121.15 or breach 121.00 intraday. O/s hourly rebound briefly got beyond the hourly downtrend line resistance at 121.95. Kijin line and Fri"s high are key resistance at 122.60 today. 10-day MA is just ahead at 122.50. Hourlies flattening out again midrange















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