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USDJPY - Eyes Further Downside Pressure On Price Failure

Discussion in 'Technical Analysis' started by Kaitlin, Dec 9, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    USDJPY With price action remaining weak and vulnerable to the downside, USDJPY eyes further downside pressure. This price development is coming on the back of its failed attempts on the upside. While the pair holds below its key resistance zone at 123.66/74 levels, further weakness is likely. On the[​IMG]

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