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USD/JPY Hits 110: Where To Next?

Discussion in 'Technical Analysis' started by Kaitlin, Apr 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The USD/JPY fell for a time below the psychological level of 110 this afternoon before bouncing back to trade around 110.30 at the time of this writing. The selling was triggered in part by dollar weakness on the back of mixed-bag US data and recent dovish commentary from the Fed,[​IMG]

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