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USD/JPY Forecast: Upside limited

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 7, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    USD/JPY Current price: 123.44 View Live Chart for the USD/JPY Upside limited. The USD/JPY pair has gathered some momentum at the beginning of the day, extending up to 123.47 with dollar's strength. The pair has been trading between 122.20 and 123.75 since early September, and seems the range will remain in place for one more day, given the thin market conditions of this Monday. The short term picture is, however, mild bullish as in the 1 hour chart, as the price is holding well above its 100

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