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> USDJPY July 24, 2018 Weekly Analysis
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USDJPY July 24, 2018 Weekly Analysis

Exclusive Capital Ltd.

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The USDJPY declined following the recent news that the Bank of Japan was planning to make its monetary policy more sustainable. Most economists and analysts believe that the BOJ next week will keep its monetary strategy unchanged. Furthermore, the last inflation data supported the current policy too. Major support is found at the 110.70 area and resistance at the 113.30 zone the 200 weekly moving average.

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Source: https://www.exclusivecapital.com/usdjpy-july-24-2018-weekly-analysis/
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