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USDJPY Holds Above Daily Cloud, Focus At 104.30/43 Target

Discussion in 'Technical Analysis' started by Kaitlin, Oct 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Another strong bullish signal was generated on extension of steep seven-day rally that eventually broke and close above daily Ichimoku cloud top at 103.22. The cloud is spanned between 102.34 and 103.22 and now acts as good support, above which today’s price action is so far supported.[​IMG]

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