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Forex technical analysis: USDJPY moves higher on stronger US jobs

Discussion in 'Technical Analysis' started by ForexLive, Oct 23, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Helped by the EURUSD tumble I can say the USDJPY has moved higher on the back of the EURUSD tumble, but it might just be a stronger US jobs report that is more helpful. Remember as well that the trade data out of Japan this week was weak and that also helps contribute to the USDJPY fundamental strength.

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