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Forex technical analysis: USDJPY trades at day high levels as dollar advances

Discussion in 'Technical Analysis' started by ForexLive, Sep 13, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Run into the dollar The USDJPY had moved to day highs as the dollar gets stronger across the board. The catalyst seems to be a continued fall in the GBPUSD which is unraveling and testing - I mean, moving below the 1.3200 level. The USDCAD, the AUDUSD and NZDUSD are also trading at new day lows as well. The EURUSD is moving lower but still remains within the trading range.

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