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Where To Next for USD/YEN?


In the Zero Interest Rate Policy (ZIRP), QE-on-steroids world that continues to drive the YEN lower vs the relative strength of the U.S. economy and the U.S. Dollar, if the technical work means anything, then the optimal next significant target zone for USD/YEN is 123-125.

Only a break below 115.50 will compromise my next upside target zone.

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