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Trade Idea: USD/JPY - Stand aside

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

  1. Lily

    Lily Forum Member

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    Despite intra-day initial rise to 117.48, lack of follow through buying and the subsequent retreat after faltering below the upper Kumo suggests choppy trading would be seen and weakness to 116.40-50 is likely, however, break of support at 116.20-25 is needed to signal the rebound from 115.97 has ended at[​IMG]

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