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118.80 plays a supporting role in USDJPY once again

Discussion in 'Technical Analysis' started by ForexLive, Jan 4, 2016.

  1. ForexLive

    ForexLive Forum Member

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    A new year but an old story from China The market hasn't waited long to jump into an early theme and China looks to be taking top billing as 2016 trading takes off in full. I'm still a little sceptical of the early moves as we have to let a couple of sessions pass to see how markets settle down. In the same way that we saw year end flows playing a part as December closed, so we see the new year flows in play also

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