USD/JPY Edging Lower; Stop-Loss Orders Beckon

22:38 |

When nothing else is going on, you can be sure that stop-loss orders will act like a magnet. USD/JPY is edging slowly lower toward stop-loss orders below 80.00 but there is technical support just ahead of there at 80.08, which is the 50% retracement of the 76.00/84.16 rally.

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