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Published On: Sun, Aug 17th, 2014

USD/JPY – Weekly Technical Analysis (18.08.2014-22.08.2014)

The pair has been stuck in a range between 100.80 and 103 for more than a 4 months. We remain neutral until a clear break through one of the crucial levels takes place.

The pair has been stuck in a range between 100.80 and 103 for more than a 4 months. We remain neutral until a clear break through one of the crucial levels takes place. Until then we recommend selling the USD/JPY at levels slightly below the 103 resistance and buying it above but close to the 100.80 support.

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