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USD/JPY Remains On The Back Foot

Discussion in 'Technical Analysis' started by Kaitlin, Aug 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The FOMC Minutes somewhat disappointed yesterday, causing the USD/JPY currency pair to retreat from its intraday highs. Ultimately, the pair remained flat on Wednesday, as demand at the 100.00 psychological level was sufficient to keep the exchange rate elevated. However, the Buck remains under the risk of falling below the[​IMG]

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