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JohnFortune
26 nov. 2017 18:42

UsdJpy - Sideways Pattern Hints Further Declines Short

U.S. DOLLAR / JAPANESE YENICE

Description

UsdJpy continued to decline taking out both targets and key areas of support. A re-test of the 111.719 area of support turning resistance will be a good place for more aggressive Bears to look for Shorts. Whilst more conservative Bears may prefer a break of 111.321 first. A break of the 111.321 area of support will clear the way for a run towards 110.008.
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