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NEWS: USDJPY stays below the prior lows from the current week. Floor is now a ceiling. May 07, 2021 at 03:42PM


The low after the jobs report, stalled at the 61.8% retracement level
The USDJPY initially moved sharply lower after the jobs report, and found support buyers near the 61.8% retracement of the move up from the April 23 low. That level comes in at 108.32.

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