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Trade Idea : USD/JPY - Stand aside

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

  1. Lily

    Lily Forum Member

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    Although dollar has rebounded after finding support at 103.12 and retest of yesterday's high of 104.00 cannot be ruled out, break there is needed to signal recent upmove from 99.54 has resumed and extend further gain to 104.45 (61.8% Fibonacci retracement of 107.49-99.54), however, loss of upward momentum should prevent sharp move beyond[​IMG]

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