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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 17, 2016.

  1. Lily

    Lily Forum Member

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    Although dollar has retreated after meeting resistance at 104.83 and marginal weakness from here cannot be ruled out, reckon 103.75-80 would limit downside and near term upside risk is seen for another corrective bounce to 105.00-05, however, price should falter well below previous support at 105.43 and bring another decline later.[​IMG]

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