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USD/JPY Slides Deeper Down On Risk Aversion

Discussion in 'Technical Analysis' started by Kaitlin, Feb 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    With demand for safe-haven assets higher on Monday, the USD/JPY currency pair fell to a one-year low, while volatility stretched out even further. The risk-off sentiment also dominates today, therefore, the Greenback is likely to end the day in the red zone again versus the Yen, despite daily technical studies[​IMG]

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