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Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 12, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback met resistance at 118.03 again and retreated, suggesting consolidation with mild downside bias would be seen but break of 117.00 is needed to signal the rebound from 116.69 has ended, bring retest of said support, only break there would confirm decline has resumed and extend recent selloff[​IMG]

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