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

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the greenback has rebounded again and gain to 118.20-25 (38.2% Fibonacci retracement of 120.66-116.69) is likely, reckon upside would be limited to 118.65-70 (50% Fibonacci retracement) and resistance at 118.84 should hold and bring another decline later.[​IMG]

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