Gbp and Eur have gained a lot against Usd the last two days - good data for both Eur, and Gbp,
and continuing Great Britain economic upbeat noises have attracted investors and traders alike
Usd/Jpy is seeing a hefty retracement today after failing to break 105 yesterday,
and is now breaking the 103.85 - 104.85 range to the downside

I have been buying a bit on a bounce from 103.5 where a lot buy interest is among traders
but the bounces; in the Yen crosses too, have been shallow,
and it still uncertain if the 103.5 level will hold as Usd/Jpy is attacking it several times

If 103.5 does hold we will probably see a support level here, and that may be the support level,
after 102.9, that brings up the target of 105 closer,
and poises the pair for a break again

The other majors: Eur, and Gbp will most likely see a retracement - especially Gbp -
as they have created new highs, and Usd weakness will most likely not continue,
because there is no real reason in data, or economically for Usd weakness at the moment

Gl
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