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USDJPY - Correction To Precede Attack At Daily Cloud Base

Discussion in 'Technical Analysis' started by Kaitlin, Apr 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The pair eases from fresh 3-week high at 111.85, posted overnight, following Friday’s strong bullish close (strongest daily gains since 29 Jan) and the strongest weekly gains in past two years. The pullback is seen as correction of Friday’s strong rally, before bulls resume, as technicals are firmly bullish. Correction[​IMG]

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