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USD/JPY Forms Double-Bottom, But Is The Plunge Over?

Discussion in 'Technical Analysis' started by Kaitlin, Feb 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    USD/JPY rose in afternoon trading on Thursday as equity markets extended the previous day’s reversal rebound on higher crude oil prices. Despite a drop in crude oil early on Thursday, prices recovered moderately after it was reported that major OPEC countries and Russia agreed to meet in March to discuss[​IMG]

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