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European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 2, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    USD/JPY continues to be under pressure after Japanese PM Abe announced yesterday that the planned sales tax hike will be delayed. The pair declined from 109.70 in the early Asian session to a low of 108.83 and further losses seem likely. Support is now seen at 108.70 and 108.20.[​IMG]

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