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USD/JPY Slips Back Under 110.00

Discussion in 'Technical Analysis' started by Kaitlin, May 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    As was anticipated, the USD/JPY currency pair remained close to the 110.00 level, unable to pierce the immediate resistance at the end of the previous week. Even though the Greenback is now consolidating against the Yen, the current rising wedge pattern, that is now entering a fourth week, implies a[​IMG]

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