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Trade Idea: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 22, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback has retreated after overnight brief rise to 105.06 and consolidation below this level would be seen with mild downside bias for test of the lower Kumo (now at 104.12), however, downside should be limited to 103.80 and strong support at 103.55-58 should remain intact, bring another rebound later.[​IMG]

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