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USD/JPY To Increase Thursday's Bullish Momentum

Discussion in 'Technical Analysis' started by Kaitlin, Oct 16, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The ten-month support at 118.50 was tested yesterday, forcing the USD/JPY to recover from harsh downside volatility. However, the pair remained relatively unchanged over the day, as the Philly Fed Manufacturing Index weighed on the US currency, curbing its rally. The same resistance that held the Greenback yesterday, namely the[​IMG]

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