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USD/JPY Keeps Moving To Three-Month Low

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

  1. Kaitlin

    Kaitlin Forum Member

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    The USD/JPY currency pair failed to rebound on Tuesday, due to the continued sell-off in the Chinese equity market. In wake of this event, the pair inched closer to the 119.00 level, which is likely to be breached today, as another set of weak Chinese fundamentals sparked risk aversion. The[​IMG]

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