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Posted by
Two Blokes May 19 -
Filed in
Forex
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13 views
The USD/JPY pair attracts fresh sellers on Monday and drops to over a one-week trough, around the 144.80 area during the Asian session. Moreover, the fundamental backdrop suggests that the path of least resistance for spot prices remains to the downside and supports prospects for an extension of the recent retracement slide from a nearly six-week high touched last Monday.
