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USD/JPY Under The Risk Of Breaking The 100.00 Barrier

Discussion in 'Technical Analysis' started by Kaitlin, Jul 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The American Dollar was unable to outperform the Yen on Thursday, which led to a 55-pip drop in the Buck's value. Moreover, the support line of the broadening falling wedge pattern was pierced yesterday, indicating that more bearish momentum is to come. Today's NFP data could provide the required impetus[​IMG]

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