Mar 21, 2013
Forex: USD/JPY downside held by 95.67
After the spike low to 95.38 on the US FOMC, the USD/JPY went as high as 96.14 and stalled around there. Giving in to bearish pressure, the pair wasn’t able to hold above the 96.00 mark and fell throughout the Asian session to print a low at 95.67. The market trades at 95.85, as of writing.
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