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Source: FxPro Broker (Review , Rebate Program)

USD/JPY News and Analysis 2015.06.17

Pivot: 123.15

Most Likely Scenario: Long positions above 123.15 with targets @ 123.8 & 124.1 in extension.

Alternative scenario: Below 123.15 look for further downside with 122.9 & 122.45 as targets.

Comment: A support base at 123.15 has formed and has allowed for a temporary stabilisation.

USD/JPY Chart

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