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USD/JPY gaining upside traction

USD/JPY declines over recent weeks appear to have been temporarily stalled in the face of a bullish development.

The MACD line is tracing higher lows, when compared to recent sessions. Meanwhile, the meandering of the price structure is carving lower lows, which should give strong indication that we have seen the bottom on this pair for the time being.

Russia Consumer Price Index (MoM) below expectations (0.5%) in July: Actual (0.1%)

Russia Consumer Price Index (MoM) below expectations (0.5%) in July: Actual (0.1%)
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Bullish price-indicator crossover in USD/JPY

Bullish price-indicator crossover in USD/JPY
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