Lambert says that yen looks strong so selling rallies in yen crosses still has the “go”, he says.

Clive Lambert points to that USDJPY has a strong band of resistance between 102.60 and 102.80, so he is looking to sell USDJPY on a rally to 102.50 with a stop above 103.00. His targets are 101.20 then 99.50 and 99.00, returning to the YTD low from Brexit day.

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