Thursday, May 1, 2014

USD/JPY Got Beaten By 100-Day SMA And Monthly PP

As the resistance at 102.63/55 proved to be impenetrable for now, USD/JPY retreated back to 102.26/19, where it will look for the support to launch yet another attack on the 100-day SMA and monthly PP. In case the demand here is insufficient to start a recovery, the bulls will be



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