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VIDEO: USDJPY bangs against lower support as market prepares for US employment

January 5, 2017. US employment report up tomorrow

The USDJPY has moved lower in trading today and tests a support area defined by some key swing levels going back two years ago. That area comes in between 115.96 and 116.09. Below that is the 61.8% of the move down from the 2015 high at the 115.60 area. Will those areas hold support today as the traders prepare for the US employment report tomorrow?

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