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Trade Idea Update: USD/JPY - Sell at 100.60

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 16, 2016.

  1. Lily

    Lily Forum Member

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    The greenback has dropped quite sharply on dollar's broad-based weakness and price just broke below indicated previous support at 100.00, adding credence to our bearish view that medium term decline has resumed, hence further fall towards 99.60-65 (50% projection of 106.72-100.68 measuring from 102.66) would be seen but near term[​IMG]

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