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USD/JPY Resumes Journey To Ten-Month Support

Discussion in 'Technical Analysis' started by Kaitlin, Oct 20, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    As was anticipated, improvements in the US fundamentals on Friday caused the USD/JPY to overperform and breach the 119.20 resistance. The pair reached the set target of 119.70, but failed to remain that high, falling back and settling at 119.40. The Greenback is likely to undergo a correction today, with[​IMG]

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