USD/JPY Hesitant And Narrow Range Movements Extend

January 18, 2012 by stanh  
Filed under FX News

On Tuesday Dollar/Yen traded within 35 pip range. The currency couple depreciated from 76.88 to 76.54 yesterday, not matching the positive Interbank sentiment at almost +6%, closing the day at 76.82. This morning the Dollar is trading hesitantly against the Yen, but movements are still within yesterday’s range for now.

Technical Analysis

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