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USD/JPY In Tight Range Between 104.50 And 106.50

Discussion in 'Technical Analysis' started by Kaitlin, Jul 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    At the end of last week the US Dollar appreciated against the Yen in wake of strong US fundamental data, but ultimately erased all gains, as supply, represented by the immediate resistance cluster, was too tough to pierce. The same area keeps providing resistance today, thus, any upside development is[​IMG]

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