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Pending trade executed at 8:21am ET buying USDJPY at 83.55 area.
With the exception of a few fundamental spikes the USJPY has been in a range between 83.50 and 84.50 since Nov. 24th. Even with the spikes we have seen rising lows indicating that the sellers are losing strength. Buying here at the bottom looking to return to 84.50. A break at the top would confirm more upside potential.
