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USD/JPY Technical Analysis: Confluence Of Resistance At 115 In Focus

From dailyfx.com

USD/JPY Technical Strategy: Little market conviction above 115 since mid-January Previous Post: USD/JPY Technical Analysis: Retail Buyers Load In Before Trump Speech SSI is currently +1.0942 onUSD/JPY as 52% of retail traders are currently long: To stay up with the Speculative Sentiment Index, please click here. If you are looking for trading ideas, unlock our Trading Guides USD/JPY longs likely feel both exonerated and confused. Over the last few weeks, we’ve seen the pricing in of a Federal Reserve rate hike at the March 15 meeting rise from ~33% in mid-February to a 98% implied probability as of Monday. Much of ... (full story)

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