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USD/JPY Attempts To Change Its Course

Discussion in 'Technical Analysis' started by Kaitlin, Jan 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Despite a strong reading of the US Non-Farm Payrolls on Friday, the USD/JPY was unable to maintain trade in the green zone. The pair retreated from intraday gains and breached the key support, breaking the three-year up-trend, as the Yen's safe haven status prevailed. The bearish trend appears to be[​IMG]

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