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USD/JPY makes efforts to extend gains

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 27, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD in wait-and-see mode before Fed “The fall in oil prices, the fall in equity prices, the rise in the euro, the developments in the broader commodities complex -- all of these are driving inflation significantly lower. It is to that that Mario Draghi is responding.” - Goldman Sachs (based on Bloomberg) Pair’s Outlook The pair fluctuated within the range between two moving averages on Tuesday, namely 20 and 55-day SMAs at 1.0869 and 1.0829, respectively. Tranquil

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