Macro Afternoon

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by Chris Becker

The mixed lead coming out of Wall Street last night has continued in Asia, with only Australian stocks putting on meaningful gains as the Yen regains strengths, almost ready to break below 100 on the USDJPY pair:

USDJPYH4

Everyone is watching that 100 handle to break again of course, with the intrasession lows from last week the straw that might break the camels back.

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