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Trade Idea Update: USD/JPY - Buy at 120.00

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 1, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback eased after surging to 121.69 last week, suggesting minor consolidation below this level would be seen and pullback to 120.80-90 is likely, however, reckon downside would be limited to 120.50 and renewed buying interest should emerge around 120.00, bring another upmove later, above said resistance at 121.69[​IMG]

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