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Trade Idea Update: USD/JPY - Hold long entered at 122.85

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 20, 2015.

  1. Lily

    Lily Forum Member

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    Dollar's rebound after yesterday's selloff to 122.62 suggests consolidation would be seen and another bounce to the Ichimoku cloud (now at 123.40-43) is likely, however, break of resistance at 123.76 is needed to signal recent upmove has resumed and extend gain to 123.90-00 and later towards 124.25 (1.236 times projection[​IMG]

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