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USD/JPY Drops Under Key 122.00 Support

Discussion in 'Technical Analysis' started by Kaitlin, Dec 10, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    With the US dollar in pullback mode against most major currencies on Wednesday, USD/JPY broke down below a prolonged trading range consolidation that has been in place for the past month, and tentatively dropped below a major support level at 122.00.[​IMG]

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