USD/JPY, after a steady grind higher for much of the US session has seen a sharp sell-off over the last half-hour. The pair has given back a bit over a third of its gains on the day but appears to be finding support at the 38.2% retracement of the 92.10/93.94 rally which comes in at 93.26. Solid chart support is not eyed until the 92.80/90 region, the top of the old range.

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