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Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 23, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    DAILY MARKET OUTLOOK Update Time: 23 Mar 2016 09:08 GMT USD/JPY - 112.57 Despite the greenback's selloff to as low as 110.67 last Thursday, subsequent strong rebound suggests MT decline has possibly made a temporary low there and consolidation with upside bias would be seen for gain towards 112.96, then 113.46/50. However, near term loss of momentum would prevent strong move beyond there and risk would increase for a much-needed retreat later. On the

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