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USDJPY holding below 120.70 as I write to target 120.45

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 2, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 02 November 2015 Gold Spot Gold key to direction is now 1139. We have not yet seen a close below 1139 but if this is seen today it turns the longer term outlook negative again & targets 1135, 1130/29 then 1123/22. This area is a strong short term buying opportunity & could see a low for the week. Bulls need to see prices hold above 1139 to maintain the 3 month recovery. Above 1141 is more positive & targets the main challenge for bulls today at 1145/46. Watch for a

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