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Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 13, 2016.

  1. Lily

    Lily Forum Member

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    Despite intra-day brief rise to 104.64, lack of follow through buying and the subsequent sharp retreat suggest a temporary top has possibly been formed there and consolidation below this level would be seen with mild downside bias for test of the lower Kumo (now at 103.44) but break there is[​IMG]

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