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Trade Idea : USD/JPY - Buy at 120.35

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 23, 2015.

  1. Lily

    Lily Forum Member

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    Although the greenback has remained under pressure and near term downside risk remains for the fall from 123.57 to extend weakness to 120.50, as broad outlook remains consolidative, reckon downside would be limited to previous support at 120.34, price should stay above psychological support at 120.00, bring another rebound later.[​IMG]

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