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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 22, 2016.

  1. Lily

    Lily Forum Member

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    The greenback found support at 104.31 and has recovered, retaining our view that near term consolidation would continue and although test of the lower Kumo (now at 104.12) cannot be ruled out, downside should be limited to 103.80 and strong support at 103.55-58 should remain intact, bring another rebound later.[​IMG]

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