USD/JPY Outlook: Dollar Firms After Another Failure To Clear Key Fibo Support

<p>The pair jumps back above 107 handle on Thursday as dollar was inflated by unexpected drop in China’s retail sales. Larger bears continue to face strong headwinds at key Fibo support at 106.87 (61.8% of 106.07/108.16) as several dips failed to register close below the support and warn of bear-trap. Daily chart shows moving averages […]</p>
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