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Forex technical analysis: USDJPY tests the next downside target

Discussion in 'Technical Analysis' started by ForexLive, Sep 21, 2016.

  1. ForexLive

    ForexLive Forum Member

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    New day lows being made The NY traders have continued to take the USDJPY lower and the pair is testing the next technical target. The level is defined by the swing low from August 2nd, the August 24 and August 25 highs (at 100.61-68). The low is 100.60 so far.

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