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USD/JPY can't seem to get off the canvas

Discussion in 'Technical Analysis' started by ForexLive, Feb 5, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Fresh low at 116.67 US dollar trading is much more of a two-way market today but one place where that isn't true is USD/JPY. It staged a small bounce from 117.00 but, otherwise, it's been flat or lower. It's interesting that there hasn't been a bit more excitement after it broke below yesterday's low.

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