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USD/JPY Retreats On Risk Aversion

Discussion in 'Technical Analysis' started by Kaitlin, Feb 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Although the better-than-expected US GDP caused the Greenback to appreciated against the Japanese Yen on Friday, these gains are under the risk of being erased today. The Yen strengthened today, as a slump in Chinese stocks triggered a return of risk-off sentiment. The pair, however, is supported by the monthly[​IMG]

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