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USDJPY - Correction Is Expected To Hold Below Daily Tenkan-Sen Before Fresh Attempts Lower

Discussion in 'Technical Analysis' started by Kaitlin, Sep 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The pair is so far unable to sustain recovery, as near-term action holds below Thursday's rally peak at 102.58, failing to capitalize from long bullish candle left on Thursday, after three days in red. Descending daily cloud that capped larger recovery attempts from 99.52 low and long bearish candle, formed[​IMG]

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