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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 15, 2016.

  1. Lily

    Lily Forum Member

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    Dollar's near term sideways trading below this week's high at 106.32 is likely to continue and although upside risk remains for the rise from 99.01 low to extend further gain to 106.40-45 (50% projection of 100.00-104.99 measuring from 103.91), loss of upward momentum should prevent sharp move beyond 106.70-75 and[​IMG]

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