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USD/JPY Ignores Risk-Off Sentiment

Discussion in 'Technical Analysis' started by Kaitlin, Jan 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    On Monday the USD/JPY currency pair managed to partially recover last Friday's losses, with trade closing at 117.31, just on top of the weekly PP. The pivot point is now providing immediate support, pushing the Greenback higher against the Yen, while the monthly S2 at 117.63 acts as the closest[​IMG]

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