USD/JPY Sets Eye On 100.00

Discussion in 'Technical Analysis' started by Kaitlin, Sep 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Fed put only more pressure on the Greenback yesterday, causing it to weaken against the Japanese Yen. Ultimately, the pair suffered a 138-pip loss, after having reconfirmed the one-year down-trend. However, according to technical studies, more bearish momentum is likely to follow. This is not surprising, as the USD/JPY[​IMG]

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