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Trade Idea Wrap-up: USD/JPY - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 21, 2015.

  1. Lily

    Lily Forum Member

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    As dollar's selloff from last week's high of 123.57 has kept the greenback under pressure, suggesting near term downside risk remains for marginal weakness to 120.90, however, as broad outlook remains consolidative, reckon downside would be limited to 120.65-70 and support at 120.34 should remain intact, bring rebound later this week.[​IMG]

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