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USD/JPY Forecast: Above 123.00, but still bearish

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 30, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 123.05 View Live Chart for the USD/JPY Above 123.00, but still bearish. The USD/JPY pair recovered above the 123.00 figure by the end of the Asian session, but bulls began to desist on a test of the 123.10 region. The pair has advanced some 40 pips ever since the day started, quite an irrelevant move, considering its now trading some pips above the 122.80, its comfort zone for most of the past week. Given the large number of fundamental events that will be released

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