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USD/JPY: Morgan Stanley sees a trading opportunity on the pair

Morgan Stanley sees a potential USD/JPY trading opportunity.
Following the recent rebound of the USD/JPY from 104.60, Morgan Stanley believes it is worth buying the pair in the short/medium term.
They suggest buying the USD/JPY at 106.80 with a stop near 105 and a target around 110.
On Friday, the USD/JPY was back in the 106.20 zone, which currently offers a better buying threshold if you are interested in this position.
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