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USD/JPY Stuck Between 123.00 And Nov High

Discussion in 'Technical Analysis' started by Kaitlin, Dec 8, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Yesterday the USD/JPY currency pair edged closer to the Nov high, but failed to touch the immediate resistance cluster. Today the Yen got the upper hand, as it was boosted by a stronger-than-expected Japanese GDP reading. The cluster around the 123.00 major level, namely the weekly PP and the 20-day[​IMG]

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