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USD/JPY To Keep Climbing Higher

Discussion in 'Technical Analysis' started by Kaitlin, May 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    For the fifth consecutive day last week, the US Dollar remained relatively unchanged against the Japanese Yen, unable to maintain trade below the 107.00 mark. Downside risks persist, as technical indicators in the daily timeframe suggest, with the nearest support located at 106.71, represented by the weekly pivot point. However,[​IMG]

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