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Trade Idea Update: USD/JPY - Sell at 104.95

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

  1. Lily

    Lily Forum Member

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    Dollar’s selloff below previous support at 105.55 confirms recent downtrend has resumed and bearishness remains for further weakness to 103.50 and then towards 103.00-10, however, near term oversold condition should prevent sharp fall below 102.73-82[​IMG]

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