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Trade Idea Wrap-up: USD/JPY - Buy at 108.30

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 12, 2016.

  1. Lily

    Lily Forum Member

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    Although the greenback rose marginally to 109.39, lack of follow through buying on break of previous resistance at 109.38 and current retreat suggest consolidation would be seen and pullback to 108.50 cannot be ruled out, however, reckon support at 108.23 would limit downside and bring another rise later, above said[​IMG]

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