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Bullish price-indicator crossover in USD/JPY

A bullish crossover between the USD/JPY current rate and its 200-hour SMA has been detected.

The ascending USD/JPY price finds itself en route to the 800-SMA, which carries an equal resistance to the 200-SMA on 4hr charts. Such a price-indicator cross has not occurred at least for a week on this time frame, highlighting its significance.

USD/JPY gaining upside traction

USD/JPY gaining upside traction
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EUR/USD plummets below 1.1800, fresh lows

The selling pressure is now picking up extra pace around the single currency, forcing EUR/USD to trade in sub-1.1800 levels, or fresh lows. EUR/USD w
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