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USD/JPY Remains On The Back Foot

Discussion in 'Technical Analysis' started by Kaitlin, Sep 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The US Dollar behaved according to expectations on Monday, having fallen back under the 102.00 major level. Overall, the USD/JPY currency pair has been trading in a down-trend for almost a year now, recently putting the descending channel's upper border to the test more frequently. With the resistance being strong,[​IMG]

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