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Foerx: USD/JPY drops quickly to test 96.00

FXstreet.com - (Barcelona) - USD/JPY continues dropping quickly ant now the pair is testing the 96.00 level after falling around 90 pips from 97.20 to 96.10, fresh May high, in the American session. Currently the pair is trading around 96.15/25, 1.40% below todays opening price.According to James Chen, Chief Technical Strategist at FX Solutions, USD/JPY is dropping to 96.00: Price action on USD/JPY has been dropping substantially since last Friday after hitting strong resistance in the 99.55-99.75 price region. This

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Forex: EUR/USD holds above 1.3200

FXstreet.com (Córdoba) ? EUR/USD after reaching 1.3300 started a correction to 1.3230 which now is a support zone. For the day the pair has gain 0.91% and set the highest price for the week during the American Session. Now is holding above 1.3200. Today EUR/USD has broken an up trend line in four-hour charts that was directing the pair moves. In the long term the trend is undefined. Until uncertainty in financial markets and the real economy ceases it

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