SebonegoPhemelo

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sell sell sell

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wedge breakout

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Technicals: The JPY bulls broke above the trendline and it looks to have a higher probability in the upside. Fundamentals: The JPY remains one of the less valued currency.

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RETEST AND LONGS

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Pair is in a range and currently at a key S/R area...

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The pair is in a range and currently it is at a key S/R area...

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As you see the neckline has been broken...and the fundamentals are in favour of the greenback with the recent news that Janet Yallen will serve for yet another term. this means the rate hike for December is still in the books and it will boost the strength of the dollar.