USDJPY: Having maintained its upside offensive, USDSJPY looks to extend that strength in the days ahead.
However, it will have to retake the 99.93 levels and then the 100.86 level to create scope for more gains where a break will resume its upside offensive.
Further out, resistance resides at the 101.52 level. Conversely, support comes in at the 96.06 level.
Below here if seen will aim at the 95.00 level where a violation will aim at the 94.50 level. On the whole, USDJPY is vulnerable to the downside.
Guest post by FX Tech Strategy
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