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USD/JPY: Market Reassesses Friday's Data

Discussion in 'Technical Analysis' started by Kaitlin, Feb 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Greenback appears to be eager to recover from an almost full week of losses against the Japanese Yen, despite mixed fundamental results on Friday. The USD/JPY currency pair still faces an obstacle, represented by the monthly S1, at 117.50, which could limit the gains, while the second target rests[​IMG]

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