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Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 21, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    DAILY MARKET OUTLOOK Update Time: 21 Mar 2016 09:09 GMT USD/JPY - 111.40 The greenback's selloff last week and subsequent breach of February's trough at 110.99 to 110.67 last Thursday signals erratic medium-term decline has once again resumed and consolidation with downside bias remains for weakness towards 110.40/43, however, near term loss of momentum would prevent steep fall below there and shift risk to the upside for a stronger correction. On the upside,

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