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USD/JPY's Outlook Changed To Negative

Discussion in 'Technical Analysis' started by Kaitlin, Sep 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The bullish setup we mentioned in our previous reports is no longer topical. This is due to poor US data released yesterday, as a result of which the currency pair returned within the boundaries of the channel that has been forming since the last months of 2015. The immediate support[​IMG]

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