A short term top should be in place at 110.08 after hitting 100% projection of 96.56 to 105.43 from 101.08 at 109.95. Intraday bias in USD/JPY is mildly on the downside for retreat. But downside should be contained by 38.2% retracement of 101.08 to 110.08 at 106.64 and bring rally
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