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USD/JPY Likely To Extend Stagnation

Discussion in 'Technical Analysis' started by Kaitlin, Sep 21, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The American Dollar closed at the lowest level in three weeks yesterday, but was still unable to reach the immediate support. Ahead of the BoJ meeting today the USD/JPY currency pair kept edging lower, but the Yen experienced a rather sharp decline once the BoJ announced its new policy framework,[​IMG]

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