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USD/JPY Remains At Multi-Year Highs

Discussion in 'Technical Analysis' started by Kaitlin, Nov 10, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The Buck kept hovering over the 123.00 major level, as the Bollinger band and the monthly R2 prevented the USD/JPY from leaving the tight range. However, the two levels are now forming a single resistance around 123.45, hence, risks of edging lower are higher. Nonetheless, technical indicators retain their bullish[​IMG]

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