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USD/JPY: Downside Risks Persist

Discussion in 'Technical Analysis' started by Kaitlin, Apr 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Even though the US Dollar managed to take advantage of risk appetite and outperform the Japanese Yen on Tuesday, risks of the pair edging lower today persist. First of all, technical indicators retain their bearish signals, bolstering the possibility of the negative outcome; second, the USD/JPY currency pair was unable[​IMG]

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