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USD/JPY dips below 200-day MA as Asian stocks report losses

Yen seems to have picked up a bid, tracking losses in the Asian equities. USD/JPY dipped below the 200-day MA of 110.16 but holds above key support of 110.04. Close below 110.04 would abort the bullish view. The USD/JPY printed a session low of 110.07 and was last seen trading at the 200-day MA of 110.16. […]

The post USD/JPY dips below 200-day MA as Asian stocks report losses appeared first on Forex Crunch.

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