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Trade Idea Wrap-up: USD/JPY - Buy at 112.80

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 29, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As the greenback has retreated after faltering below previous resistance at 113.82, suggesting minor consolidation below this level would be seen and test of 113.15 support is likely, however, reckon 112.80-85 (38.2% Fibonacci retracement of 111.22-113.80) would limit downside and bring another rise later. A break of 113.80-82 resistance would[​IMG]

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