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Forex: USD/JPY Renews Strengthening Above 80.5
Welcome to your favorite News Channel. This is just in:
On Thursday Dollar/Yen corrected downwards with 50 pips. The currency couple depreciated from 80.34 to 79.85 yesterday, matching the negative Interbank sentiment at almost -65%, closing the day at 80.26. This morning the Dollar strengthened against the Yen, climbing up to 80.65. On the 1 hour chart the upward channel extended, while on the 3 hour the new upward channel is intact.
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