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IB: USD/JPY - 89.85 Daily Market Outlook
 
Although dollar has rebounded after finding buying interest last Friday at 89.15, a firm breach above previous resistance at 90.15 is needed to signal the correction from 90.79 has ended there and bring resumption of recent upmove for re-test of said top first.



On the downside, below aforesaid support at 89.15 would yield another corrective fall to 88.80/90 but reckon 88.42 should limit weakness...

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