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8 mars 2015 03:57

$USDJPY Breaks out of 2015 Range Long

U.S. Dollar/Japanese YenFXCM

Description

USDJPY has rallied off the 50% fib as predicted. An impressive NFP print on Friday gave the pair the much needed fuel to break out of wedge consolidation and take out the 2015 high. Breakout targets multi-year high at 121.838 - Bullish above 119.81 (Pre-NFP low).
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