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Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 14, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    DAILY MARKET OUTLOOK Update Time: 14 Dec 2015 08:14 GMT USD/JPY - 121.25 The greenback's selloff below last Wednesday's low at 121.07 to as low as 120.58 on Friday on dollar's broad-based weakness, due partly to the selloff in global equities signals the decline from November's 12-week peak at 123.77 has resumed and consolidation with downside bias remains for weakness towards 120.20/30. However, loss of momentum should keep price above 120.02 this week and yield rebound

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