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Forex technical analysis: USDJPY moves to new session lows. 120.20 next support target

Discussion in 'Technical Analysis' started by ForexLive, Dec 14, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Trend line target approached. The USDJPY has moved below the Friday low at 120.57 and has triggered some stops along the way. Looking at the hourly chart, a lower trend line comes in at the 120.20 level and this is the next target for traders focuses on the key swing levels.

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