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USDJPY Weekly Analysis - November 1, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 01 November 2014 14:09 UTC
USDJPY broke above 110.08 resistance, and continued its upward movement from 101.06, and the rise extended to as high as 112.47. Further rise could be expected over the next several weeks, and next target would be at 120.00 area. Support is at 110.50, only break below this level could bring price back to 108.00 area.

usdjpy chart

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