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USD/JPY In Tight Range Between 109.80 And 110.50

Discussion in 'Technical Analysis' started by Kaitlin, May 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The USD/JPY currency pair underwent a corrective decline on Thursday, but was unable to breach any significant technical level. Therefore, the outlook remains unchanged, as the Greenback is still located between a relatively strong resistance from above and the weekly R1 providing support from below. Price also appears to be[​IMG]

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