![]() A daily close above that level will send shockwaves through the markets. It certainly will have a major influence on the other JPY related pairs, as it is a measure of the strength or weakness of the Japanese yen in general. The ¥115 level is crucial, and it could have a major influence on almost everything out there. The US dollar has rallied a bit during the trading session on Thursday to show signs of life again as it looks like we are going to challenge the ¥115 level.
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