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USD/JPY Hovers Over 111.00

Discussion in 'Technical Analysis' started by Kaitlin, Mar 21, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    As was anticipated, the USD/JPY currency pair recovered from its intraday low on Friday, but was unable to post significant gains, due to the Bollinger band providing sufficient resistance. However, the Bollinger band acts as the immediate support today, providing the Greenback with a chance to begin its recover against[​IMG]

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