Wednesday, April 30, 2014

USD/JPY Unable To Breach Monthly PP

USD/JPY seems to have once again failed at 102.72/56 (monthly PP and 100-day SMA), thereby calling into question the currency pair's ability to recover in the long run. Still, being that the key supports remain intact, such as the 16-month rising trend-line near 102 and 200-day SMA at 101.50, the



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