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USD/JPY Low and Slow
(MENAFN- DailyFX) Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts -The USD/JPY decline since June 2015 has been far from smooth but weakness since the NIRP failure at the end of January is contained within a channel. Strength through channel resistance (the channel is steep and decreases significantly with the passage of time but is currently near 105.00) would allow for consideration of a behavior change. So far in August, the 2014 low has acted as support. For more analysis and trade setups (exact entry and exit), visit SB Trade Desk
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