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Trade Idea Update: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 21, 2016.

  1. Lily

    Lily Forum Member

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    Despite intra-day brief rise to 102.79, the subsequent reversal together with current breach of 101.10 support signal recent decline from 104.32 is still in progress and may extend weakness to 100.50, however, near term oversold condition should limit downside to 100.06 support and price should stay above another previous support at 99.64.

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