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USD/JPY Attempts To Regain The Bullish Momentum

Discussion in 'Technical Analysis' started by Kaitlin, Mar 1, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    As was anticipated, the USD/JPY currency pair weakened on Monday and pierced the immediate support area; however, the second target at 112.00 was not reached. Even though demand for the safe haven Yen remained strong earlier today and pushed the pair closer to the now immediate resistance—the weekly S1 at[​IMG]

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