The 96.00 Horizontal/Support Level Supported some profit taking of the sell-off on the USDJPY. Though trading on friday was thin on the pair, this level looks good enough to atleast force some bullishness into the pair early in the week but since there is no break to support the move, we would ignore the setup and wait to see price reaction at about the 98.00 psychological/horizontal/dynamic resistance region. We would go short at that point pending price action.
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