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Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 19, 2016.

  1. Lily

    Lily Forum Member

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    Dollar's recovery after holding above previous support at 99.54 (this week's low) has retained our view that further consolidation above this level would be seen and another bounce to 110.50 cannot be ruled out, however, reckon upside would be limited to 100.75-80 and price should falter below said resistance at[​IMG]

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