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Trade Idea Wrap-up: USD/JPY - Buy at 116.85

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 5, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has rebounded after intra-day brief fall to 116.29, suggesting consolidation above this level would be seen with mild upside bias for test of the lower Kumo (now at 117.88), then 118.00-05 (38.2% Fibonacci retracement of 120.86-116.29), however, break of resistance at 118.24 is needed to signal


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