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FL: USD/JPY stays underpinned by Nikkei boost, bounce off 100-day moving average December 07, 2018 at 06:27AM

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USD/JPY trades near the highs for the day close to 112.90
It was a timely recovery for US stocks that helped to alleviate pressure off the pair and once again the 100-day MA fails to be breached since April this year. As mentioned yesterday, that is a pivotal point for the pair as a break below

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