The FastBrokers Research Team affirms: The USD/JPY's longer-term downtrend is still in play. Hence, the road higher could be rocky ahead should the currency pair's positive momentum persist. Meanwhile, investors should keep an eye on broad-based activity in the Dollar since the EUR/USD and GBP/USD dropped below some key uptrend lines recently. Further deterioration in these currency pairs could yield strength in the USD/JPY.
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