Today in forex trading the JPY was weak on all pairs, driving strong price movement. We would scale out lots on all buys but more upside is possible on the pairs below. AUD/JPY possible breakout on the D1 time frame with significant upside, EUR/JPY more upside to around 162.50 on the H4 time frame, GBP/JPY more upside potential to around 195.00 on the H4 time frame. Check the plans later today for further assessments of these pairs.
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