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USDJPY UNDER INTENSE PRESSURE

FX:USDJPY   U.S. Dollar/Japanese Yen
We have been observing this pair. The buyers are losing the battle here. A break above 112.70 will enhance the buying prospect. Below 112.00 we see large slide in the pair below 110.60.
At the momment this is a wait and see situation. We will follow the eventual winner!
GLT             and trade with care.
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