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USD/JPY Retreats After BoJ Kuroda's Remarks

Discussion in 'Technical Analysis' started by Kaitlin, Feb 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Although the USD/JPY inched higher on Monday, the immediate resistance in face of the weekly pivot point limited the volatility, while the pair closed in front of 113.00. The same level keeps acting as the closest resistance today, but a bullish outcome, especially after BoJ governor's statement which boosted the[​IMG]

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