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USD/JPY hits 154.269 after a 0.87% move spanning 4 days

USD/JPY rose sharply for 3 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in USD/JPY there is a chance that we will witness a correction, no matter how brief.

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After testing 7842.0000 numerous times, AUS200 is once again approaching this price point. Can we expect a bullish trend to follow?

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