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USD/JPY Makes Efforts To Extend Gains

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The USD/JPY managed to erase daily losses on Tuesday, as a strong reading of the US CB Consumer Confidence boosted the American currency. Even though the pair closed with a 12-pip surge, a relatively tough group of levels is supporting the Buck from below. The 20-day SMA, the weekly PP[​IMG]

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