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MrAndroid

Yen below resistance

日元/美元 (FX_IDC:JPYUSD)  
MrAndroid  
FX_IDC:JPYUSD   日元/美元
Trend Analysis Support and Resistance
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trendanalysis supportandresistance
With the Bank of Japan having to step in to defend its bond market after its surprise move to widen the yield cap on Japanese bonds we could see a reversal in the Yen uptrend. Central Banks usually choose weaker currency versus weaker bonds.
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