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USD/JPY Sets Eye On 108.00

Discussion in 'Technical Analysis' started by Kaitlin, Jun 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Yellen rather hawkish speech provided support for the US Dollar on Monday, prompting the USD/JPY currency pair to undergo a bullish correction of 95 pips. The Buck is likely to retain its post-Yellen strength and continue appreciating today, with the closest resistance located beyond the 108.00 mark, represented by the[​IMG]

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