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USD/JPY Daily Technical Reports

Spot Price: 121.44
Technical Analysis:
Fresh daily uptrend highs scored today, retesting the Feb 22 and 23 swing highs at 121.65. Hourlies slipping from overbought with prices after today"s failure to effect a 121.65 breakout. Dailies are overbought but no clear sign of a top exists, so buying dips remains favored. 122.20 is the key upside target beyond 121.65.














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