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USD/JPY Forecast: Risking a bearish breakout

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 9, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    USD/JPY Current price: 122.42 View Live Chart for the USD/JPY Risking a bearish breakout. The USD/JPY pair accelerates its decline and trades dangerously close to the base of its range at 122.20. The Japanese currency has recovered its shine ever since the day started, as positive news from China helped improve confidence in the region. Also, the dollar is weaker amid a soft recovery in commodities, something that can be understood as corrective and therefore short lived. Nevertheless, the 1

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