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Trader, analyst and instructor with a 6-year experience

CS: hold USD/JPY long

Strategists at Credit Suisse hold their long position on USD/JPY from 98.10, with a stop below 97.90 and a target of  100.50.

Break above 99.00 opens the way to 99.20. Extension through here would aim at 99.65/100.00, with resistance placed around 100.68/90," CS projects.

Chart. H4 USD/JPY

 

JPY
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