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USD/JPY Keeps Struggling To Remain Above 112.00

Discussion in 'Technical Analysis' started by Kaitlin, Feb 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Upon reaching the 111.00 yen, the US Dollar managed to regain the bullish momentum and close trade with a seven-pip rally yesterday. The support cluster circa 111.70, namely the monthly S3 and the weekly S1, once again proved to be strong, but could still give in today. Technical studies are[​IMG]

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