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USD/JPY recovers ground

USD/JPY recovered from the yesterday’s low of 97.75 to 98.80. The pair has almost offset the yesterday’s post-FOMC losses as the BOJ Kuroda has also made some dovish comments

Next resistance for the pair lies at $0.9900, $0.9940/50, 100.00 and 100.60. Support is seen at 98.40, 98.20 and 97.75. 

Chart. H4 USD/JPY

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