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USDJPY In An Impulse, Ideally Reaching For 104 Area

Discussion in 'Technical Analysis' started by Kaitlin, Jun 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    USDJPY came down pretty hard since Friday when US NFP figures came out well below expectations. For now, price is still above 105.54 level but bulls will be invalidated soon, if we consider that decline from 111.46 is sharp and fast, so it's probably an impulse that will consider new[​IMG]

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