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#1 08-02-2018 08:49:51

johnedward
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From: Paris - France
Registered: 21-12-2009
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USD/JPY: technical analysis remains constructive for the pair (BBH)

USD/JPY: technical analysis remains constructive for the dollar-yen (BBH)


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BBH expresses a constructive tone for the USD/JPY in its technical analysis.

"The USD/JPY fell back to 108.45 yesterday during the stock market crash, but held above last week's low at around 108.30, recording potential for a double-bottom.

The technical indicators remain constructive, and a move above 110.50 is necessary to confirm the dip.

The 20-day moving average limited rebounds last month and it is now trading just below 110."


"Anything worth having is worth going for - all the way." - J.R. Ewing

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