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USD/JPY Makes A U-Turn

Discussion in 'Technical Analysis' started by Kaitlin, Jul 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The USD/JPY currency pair continued to appreciate on Tuesday, easily piercing the second resistance area and even putting the third level to the test. However, the Yen received a boost earlier today, with the bearish trend regaining dominance. The pair is now likely to ignore the nearest support cluster, represented[​IMG]

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