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USD/JPY Lacks Impetus For Solid Gains

Discussion in 'Technical Analysis' started by Kaitlin, Jun 30, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The USD/JPY currency pair remained flat yesterday, as bears were unable to hold the exchange rate below the weekly PP of 102.69. The pair is still stuck between the weekly PP and the monthly S2 today, with downside risks higher. However, according to technical studies, the Buck could remain relatively[​IMG]

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