Tuesday 11 September 2012

USD/JPY Dips Below 78.00


USD/JPY dips below 78.00. Barclays sees limited downside from here and would be a buyer towards 77.90 and 77.65, looking for a return to the daily cloud resistance at 79.15. USD/JPY now trades at 77.99, the pair's lowest level since August 1.

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