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Trade Idea Update: USD/JPY - Sell at 103.40

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has recovered after falling to 101.97 overnight, suggesting consolidation above this level would be seen and recovery to 102.70, then 103.00 cannot be ruled out, however, reckon 103.35-40 (38.2% Fibonacci retracement of 105.64-101.97) would limit upside and bring another decline later, a break of said support at[​IMG]

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