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Yen showing its strength

Friday 16 March 2018 10:37 GMT

USDJPY’s downward trend looks set to continue, says David Linton, Chief Executive at Updata.

Using a combination of traditional, Ichimoku and Point-and-Figure charting, Linton says a descending triangle may be forming on USDJPY, while at the same time the currency pair continues to push lower triggering further downside targets.

For details, watch Updata’s Charts Today (USDJPY at 0:40), which also includes an analysis of the major energy, currency, commodity and stock markets:

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Crude Oil
US NatGas
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