USD/JPY: The pair closed above the daily cloud base and Kijun by 102.50 into a break beyond the cloud top, down TL off the Jan 10 high and 50% of the 105.45-100.76 slide, all by 103.10. Weak Japanese IP and soft PMI on the eve of Tuesday’s sales tax hike keeps hope high for BOJ QQE2 soon.
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