USDJPY failed to break below 88.00 key support and bounced from 88.02 level, suggesting that the pair remains in uptrend from 86.96. Further rally is still possible later today and next target would be at 89.50-90.00 area. Key support remains at 88.00, only fall below this level will indicate that the rise from 86.96 is complete, then another fall towards 84.82 (2009 low) could be seen.

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