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Forex Trading: USDJPY approaching 50% retracement support
Published by InformedTrades
06-02-2008



Default Forex Trading: USDJPY approaching 50% retracement support
Forex Trading: USDJPY approaching 50% retracement support

The USDJPY is approaching the 50% retracement level of the recent move higher. That level comes in at 104.31. The pair has been back and forth over the recent history with a false breakout on the bottom and top ranges. ...

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