But don’t get confused, it was USD/JPY the trigger of greenback strength, dragging with it the rest of the majors in a wild spree. At the time being, the USD/JPY trades above 100.70, establishing a fresh high since May 2009, and with no aims of retreating any. Market players are now eyeing 101.44, April 2009 monthly high, and dips towards 99.70/100.00 if any, will be seen as strong buying opportunities, although be aware, pullbacks are highly unlikely in yen crosses.
View Live Chart for USD/JPY
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