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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 19, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback has retreated after rising to 110.39, suggesting consolidation below this level would be seen and pullback to 109.60-65 cannot be ruled out, however, reckon the Ichimoku cloud (now at 109.21-28) would limit downside and 109.00 should hold, bring another rise later.[​IMG]

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