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Closer eye on USDJPY — #SaxoStrats
Saxo's global macro strategist Kay Van-Petersen examines some interesting movements in USDJPY.
He notes that the cross has broken a key 105.00 level - the first time since late 2016 - and is a 50% Fibonacci retracement from a high of 126.00.
You can read more by Van-Petersen here and follow him on Twitter here.
02:56 minutes
Tags: currency, forex, fx, home.saxo, kay van-petersen, macro, saxotrader, saxotradergo, tradingfloor.com, USDJPY
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