USD/JPY Corrects Deeply, Leaving Gains Over 96 Behind

March 12, 2013 by  
Filed under FX News

On Monday Dollar/Yen continued increasing with 75 pips. The currency couple appreciated from 95.92 to 96.71 yesterday, matching the positive money flow sentiment at almost +31%, closing the day at 96.28. This morning the Dollar is trading quietly against the Yen, with movements at the upper half of yesterday’s range for now.

Technical Analysis

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