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USD/JPY Drops to Key 108.00 Target - New 17-Month Low

Discussion in 'Technical Analysis' started by Kaitlin, Apr 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    USD/JPY extended its recent plunge on Thursday, falling well below the 110.00 psychological level to hit its next major downside support target at 108.00. In the process, the currency pair has established a new 17-month low. USD/JPY's sharp fall within the past week-and-a-half has been primarily because of weakness in the[​IMG]

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