JPY Trading Outlook (11-03-2014)

USD/JPY: Early sell off was seen is Asia but prices are eyeing a close above the cloud top at 103.10. Daily Tenkan & Kijun are bullish, the former by 102.48 and 50% of the 101.20- 103.77 rally. Japanese importers holding strongly by the Kijun at 102.26.

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