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USD/JPY pops 107, surges through 107.30 – stops triggered

ByEamonn Sheridan

Nov 14, 2016

It looked vulnerable didn’t it?
And, sure enough, the flows into USD/JPY have taken out the 107 level now.
Stop loss buyers above 107 have added fuel, and USD/JPY has popped 30+ points on the break:

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By Eamonn Sheridan

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