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Trade Idea Update: USD/JPY - Buy at 111.35 or sell at 112.80

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 24, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback rebounded after falling to 111.63 earlier today, minor consolidation would be seen and recovery to 112.40-45 cannot be ruled out, however, reckon 112.80-85 would limit upside and bring another decline later, below 111.63 would extend weakness to 111.50, however, loss of downward momentum should prevent sharp fall below[​IMG]

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