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DKrastev
Jan 9, 2017 4:58 PM

Trend continuation opportunity in GBPJPY Short

British Pound/Japanese YenFXCM

Description

The GBPJPY broke the support around 142.75. If the price action goest back to that level I expect it to become resistance and thus it would be a good opportunity to get short. It is also the 38.2 Fib retracement from the last swing high to the recent swing low.
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