EUR/USD Long For 1.1370, USD/JPY Long For 112.50

Our USD/JPY long opened at 111.05 looks good. The USD/JPY pierced 112, but need to close above 2019's 112.13 high to extend the uptrend toward the downtrend line off of 2018 highs, now at 112.90. USD/JPY outlook remains bullish. Let’s remind that recent outcome from our portfolio structure optimizer showed USD/JPY long position could be a good pick for current phase of the economic cycle.

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