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USD/JPY Forecast May 18, 2012, Technical Analysis

posted by Avatar FXEmpire 364 days ago in USD, JPY, Technical

The USD/JPY pair broke hard to the downside on Thursday as the market entered into the “safe haven” mode yet again. The issues in Europe have the markets nervous at best, and rumors during the session that the Bank of Japan was likely to enter a program like the Federal Reserve’s “Operation Twist” has the market buying Yen as this is seen as less e
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