USD/JPY Continues to Grind Higher for the Week: Long Term Forecast by Chris Lewis (October 11)

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The USD/JPY pair has been somewhat quiet, as the market continues to focus on the 150 yen level. This is a large, round, psychologically important figure is one that I will be watching closely, as it could be a situation where we get a bit of “FOMO trading.” This is the way this pair often trades, so it shouldn’t be a surprise.

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