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USD/JPY Retreats As Stock Markets Stall

Discussion in 'Technical Analysis' started by Kaitlin, Mar 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    USD/JPY spent much of the past week in a relatively tight consolidation as a lagging US dollar was offset by rising stock markets. Tuesday, however, saw the currency pair drop as both crude oil and major global equity markets stalled and pulled back after their recent winning streaks.[​IMG]

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