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USD/JPY failures despite Brexit enthusiasm are a red flag

Discussion in 'Technical Analysis' started by ForexLive, Jun 20, 2016.

  1. ForexLive

    ForexLive Forum Member

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    USD/JPY flat despite risk rally The conditions are nearly perfect for a rally in USD/JPY but the pair is stubbornly soft. A rally to 104.85 earlier has been beaten back and the pair is at a session low of 104.24, virtually erasing a gap higher at the open.

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