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Technical analysis of USD/JPY for May 25, 2017

USD/JPY is expected to trade with a bullish bias above 111.30. Although the pair broke below the 20-period and 50-period moving averages, it is still trading above the key support at 111.30, which should limit the downside potential. Even though a continuation of consolidation cannot be ruled out, i...

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Technical analysis of USD/JPY for May 25, 2017

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