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USD/JPY Subdued Ahead Of GDP Results

Discussion in 'Technical Analysis' started by Kaitlin, Dec 22, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The US Dollar retreated from intraday gains on Monday, as an unexpected sell-off pushed the currency below the immediate support. Nevertheless, trade closed with the USD/JPY remaining relatively unchanged (losing only seven pips), but with technical indicators pointing to another possible decline today. The Bollinger band shifted significantly lower, suggesting[​IMG]

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