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News from Japan

Larson&Holz

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Larson&Holz analysts do not expect any important news that might affect USD/JPY movement. The currency pair is most likely to follow the pattern of the technological analysis.

The quotes of the currency pair USD/JPY (US dollar/ Japanese Yen) keep their correction movement. At the present moment the quotes may test the level of 106.90 and keep falling below the level of 104.40.

Therefore, Larson&Holz analysts expect USD/JPY to test 106.90 and keep falling to the level 104.40; the cancellation of fall can be tested at the level 107.30.

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