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Japanse yen is tending higher and so, the pair looks quite bearish in 4 hours charts. However, has rebounded around 105.10/20 zone, first support for today, that seems pretty vulnerable at the moment: take a look at this 4 hours chart and see how many times the pair rebounded around it, making it stronger each time; a break trough, will trigger more bearish momentum and take the pair first, to the zone around 104.68, ( and then 104.35 althought I can’t see the pair falling that much. To the upside, first resistance will be around 105.55 (quite tough these days) and above, the zone around 105.90.
