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Author Archives: JPY Editor

USD/JPY Edging Lower

USD/JPY has failed to hold above former resistance given at 113.26 (27/09/2017 low). Support is located at 111.99 (16/10/2017 low). Downside risks are rising as markets may soon take some short-term profit. We favor a long-term bearish bias. Support is ...

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USD/JPY: Bearish for 111.50 target mark

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USD/JPY bulls trying to defend 112.00 handle

The greenback remained on the back-foot against its Japanese counterpart, with the USD/JPY pair flirting with the key 112.00 support. The pair remained under some selling pressure through Asian session on Friday amid a mildly softer tone around the US ...

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