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USD/JPY Forecast: Limited upward potential

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 19, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 113.15 View Live Chart for the USD/JPY Limited upward potential. The USD/JPY fell down to 112.70 at the beginning of the day, with the yen strengthening amid resurging risk aversion. The pair hovered around the 113.00 for most of the European morning, and positive US inflation data is doing little for the pair, given that it barely advance 20 pips after the release of strong figures. The pair may advance further, but there are no technical signs that the movement will be

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