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USD/JPY Takes Another Shot At Surging Over 109.50

Discussion in 'Technical Analysis' started by Kaitlin, Apr 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Amid the return of risk-on sentiment, the US Dollar managed to strengthen against the Japanese Yen on Monday, even stabilising above the immediate resistance cluster. The weekly PP and the monthly S2 are now supporting the USD/JPY currency pair, but risks of another decline taking place persisting. In case demand[​IMG]

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