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Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 29, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has retreated again after meeting resistance at 103.97, suggesting another test of support at 102.71 would be seen, break there would extend the fall from 107.49 to 102.50, then towards 102.10-20, however, oversold condition should limit downside to 101.70-75, risk from there has increased for another rebound later.[​IMG]

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