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Trade Idea: USD/JPY - Sell at 109.95

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 2, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As dollar has remained under pressure, suggesting the fall from 111.45 is still in progress and may extend weakness to previous support at 108.72 but oversold condition should prevent sharp fall below 108.45-50 and price should stay above another previous support at 108.23, risk from there has increased for a rebound[​IMG]

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