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USD/JPY Rises On Risk Appetite

Discussion in 'Technical Analysis' started by Kaitlin, Jan 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The monthly S2 was able to keep the USD/JPY from falling deeper yesterday, despite volatility reaching Tuesday's opening price. Although the up-trend was violated last week, this week's USD performance implies otherwise; Chinese fundamentals appear to be improving again, thus, reducing demand for safe haven currencies. As a result, the[​IMG]

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