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2014.09.1807:02:00UTC+00Daily Technical Outlook for Usd/jpy

Quotes from Societe Generale Cross Asset Research:

-USD/JPY confirmed an inverted H&S and now has given a breakout above the multiyear trend line resistance. It is approaching the decade long channel limit at 108-110.70. 103.03 will be an important support.

-For the day, the pair will inch higher towards 109.50.

-107.90/107.85 should limit the downside



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