USDJPY Clean Retracement

FX:USDJPY   U.S. Dollar / Japanese Yen
42 0 0
This pair had a nice retracement back to a former high which also coincided with the .50 retracement of the recent move. On Friday we close just above the 106.80 number which was form support/resistance . Eventhough it was only 3 pips above that level it leads me to believe this pair to get back to the 110 mark. We talk about this and more in this weeks Weekend Preview. Check it out:
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