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Philip_Pankaj

USDJPY - SHORT REVERSAL HARMONIC PATTERN

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Philip_Pankaj  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Wave Analysis USD jpy USDJPY Nikkei 225 CFD dowjones
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trendanalysis waveanalysis usd jpy usdjpy ni225 dowjones
*sellstop @108.00 and target @101 | buystop @113.500 and target @118.500
*A well suited Bear Harmonic pattern formed in USDJPY.
*111.500 acts as strong resistance,which may reverse price to 100 in long term (JPY may get stronger in future weeks).
*On failure of sell trigger @108.00,we can expect a buy trigger @113.500.
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