The US Dollar may be on the verge of extending its bullish gains against the Japanese Yen after a Daily closed yesterday above 109.50 Support level, price might be eyeing a retest back to 110.75 then move further back to its current high at 111.68, Daily close above 111.68 will continue rally to 113.73.
Alternatively, a Daily close below 109.18 will drop price to 107.85 and a further extension might exist to 105.00 to 103..19 if price break below 107.85 level.
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