DarrenWells

USD/JPY 101.00 make or break

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
For me all of the signs are pointing to a bounce after the battering the USD has taken this week having tested the late November support line.

A mixture of the University of Michigan confidence print at 13:55 (gmt) and people closing their short positions before the end of the day could prove to kick off the bounce.

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