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USD/JPY Subject To More Weakness

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

  1. Kaitlin

    Kaitlin Forum Member

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    Monday's decline caused the USD/JPY currency pair to almost completely erase the bullish gap. Moreover, the Buck crossed the immediate support yesterday, leaving the door open for a fall below 100.00 level, as today the closest area to limit the losses rests only at 99.36, namely the weekly S1. Technical[​IMG]

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