Day 514: USD/JPY makes a huge fall

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The dollar had a down day today giving dollar baskets a breather. Tomorrow’s CPI data for the U.S. may rescue the dollar bulls or can end this reversal. USD/JPY broke some major support which may attract more sellers. I lost a few scalps on EUR/USD shorts and the pair is recovering. Next week should be interesting for the dollar, especially the USD/JPY.

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