USDJPY: Back to 107

FX:USDJPY   U.S. Dollar / Japanese Yen
96 0
I in fact thought of a further JPY strengthening till 95-98 region but it seems that ECB tapering rumours changed direction of Yen...We are clearly out of the downward channel! Let's see for how long.
Comment: ECB denies tapering rumor... I guess one more down to 100 likely. I think I'm closing deal.
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