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Friday, November 27, 2020

USD/JPY Struggles Below 105.00, Key Support at 104.00

 

Today's Key Highlights:

USD/JPY struggled to climb above the 104.75 and 105.00 resistance levels.

A major bullish trend line is forming with support near 103.90 on the 4-hours chart.

Japan’s Leading Economic Index improved from 88.5 to 92.5 in Sep 2020.

EUR/USD and GBP/USD struggled to gain momentum above 1.1940 and 1.3400 respectively.

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