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USD/JPY Slumps On Risk Aversion

Discussion in 'Technical Analysis' started by Kaitlin, Jan 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Even though the USD/JPY's volatility stretched out to the second resistance, the pair still ended its rally in front of the closest one, namely the monthly S2. The risk-off sentiment eventually kicked in today, causing the Buck to lose ground and drop to the lowest level this week, at the[​IMG]

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