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Resistance line breached by USD/JPY. This price has been tested at least twice before.

USD/JPY has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 116.0677 may materialize within the next 4 days.

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EUR/USD experienced an exceptionally large movement

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