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USDJPY technical analysis

USDJPY Tech analysis by Simon Kazinsky on 06:27 May 28, 2015 EST


USDJPY has resumed the uptrend after relevant moving averages on the weekly chart caught up with price and became, once again, support for the blasting pair.

Based on previous maximum divergence between these moving averages and current price I identify the new target in the 130 area.


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