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13 Jun 2013
Flash: USD/JPY, chances of a move towards 92.55 increase - OCBC
FXstreet.com (Barcelona) - USD/JPY may continue to contemplate near term downside prospects after the disappointment BOJ if risk appetite sours further, says OCBC Analyst Emmanuel Ng. "In the immediate term, the 95.00 support remains crucial and a sustained breach may risk a move back towards the 92.55 neighborhood" Ng added.