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USD/JPY Rebounds, As Market Turmoil Fades

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

  1. Kaitlin

    Kaitlin Forum Member

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    The USD/JPY approached the up-trend on Thursday, but was unable to maintain trade below it, as the monthly S2 was providing additional support. For the first time this week there has been a rebound in Asian stocks, which contributed to the JPY weakness, allowing the US Dollar to take the[​IMG]

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