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USD/JPY Takes Another Shot At Retaking 114.00

Discussion in 'Technical Analysis' started by Kaitlin, Mar 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    A set of poor fundamentals caused the American Dollar to retreat from its intraday high and close trade relatively unchanged against the Yen, adding only 20 pips on Thursday. The USD/JPY currency pair remains supported by the weekly PP at 113.00, which is now also bolstered by the 20-day SMA.[​IMG]

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