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USD/JPY Breaks Resistance Of Consolidation Zone

Discussion in 'Technical Analysis' started by Kaitlin, Nov 10, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The EUR/USD is in a neat downtrend channel marked by the orange and blue trend lines. Divergence is present (purple) but one more wave 4 (brown) bullish correction and wave 5 bearish impulse is expected.[​IMG]

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