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USD/JPY Ready To Rebound From 103 Yen

Discussion in 'Technical Analysis' started by Kaitlin, Sep 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The current setup is bullish for USD/JPY, as the currency pair has broken out of the descending channel that had been guiding the price lower since the end of 2015. However, we would like to wait for a confirmation of support at 103 yen before claiming that Dollar is going[​IMG]

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