USD/JPY Rises On Risk Appetite

Discussion in 'Technical Analysis' started by Kaitlin, Mar 10, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Greenback overperformed on Wednesday, as somewhat faded risk aversion pushed the USD/JPY higher. The pair almost completely erased its Tuesday's losses, but with the 20-day SMA and the weekly PP providing sufficient resistance to keep the Buck from edging higher. This area remains the immediate resistance cluster today as[​IMG]

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