Flows and Orders/FXWW News/Trade Ideas/USD/JPY

USD/JPY: Sell orders noted 98.60/65

The support levels we mentioned this morning at 97.60 have done the trick and USD/JPY is in short-term recovery mode. Sell orders near 98.60/65 should be tough to overcome on the first run and any exhaustive spikes towards 99.50 should be used as medium-term selling opportunities, in my opinion.

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