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USD/JPY On The Verge Of Falling To Nov Low

Discussion in 'Technical Analysis' started by Kaitlin, Dec 15, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The US Dollar dropped to a fresh five-week low yesterday, but managed to partially recover from that slump, closing trade above the immediate support. Even though the monthly R1 is now bolstered by the Bollinger band, technical studies insist the USD/JPY is to edge even lower. Losses are unlikely to[​IMG]

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