FX:USDJPY   U.S. Dollar/Japanese Yen
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Like I said in this topic:
Long U/J ( some opinions about movement of U/J


U/J cross many important SMA trends : SMA50, SMA100,SMA20, even EMA50. Today U/J keeps going its trend leaving far those important supports.

Moreover, I see on the chart, U/J also breaks the bearish trend line .

I think there is no reason U/J doesnt continue current trend,, reach to next key important resistance : 100.40

That is TA

Now I talk about FA.

U/J is supported greatly by advance of Nikkei 225             and US 10 years T-Bond             .

We can see the correlation between U/J and Nikkei 225             I show on the chart. Nikkei 225             bullishes, U/J bullishes too.
Nikkei moves 3% last two days, moreover, US 10 years T-Bond             also reaches near 3% benchmark because possibility of Ending QE3 (taper). We heard that from Dallas Fed President Fisher yesterday.

Combine both TA and FA information, I claim that U/J would move higher to 100.40 strong resistance level .

Long U/J now.
Yeah there is a high possibility. Agree with you
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