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USD/JPY Anchored Around 119.40

Discussion in 'Technical Analysis' started by Kaitlin, Jan 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Greenback retreated from intraday losses on Monday, after having slumped nearly 150 pips. Today the USD/JPY is located in a rather small trading range between 119.10 and 119.80, the two clusters that attempt to hold the pair's volatility. Technical studies again are not in favour of any specific outcome,[​IMG]

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