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USD/JPY attempts to remain above the 112.00 mark

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD approaches support up-trend “The euro came under pressure but the magnitude of its decline was nominal compared to other major currencies because of risk aversion and the fact that $1.10 is being defended aggressively.” - Kathy Lien, BK Asset Management (based on CNBC) Pair’s Outlook EUR/USD retains potential to go lower from here. There are still 40-50 pips left until the probable turning point. The 1.0972/51 demand area consists of several notable levels, including

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