Japanese Yen (JY) reversal is in place. Possible pullback to 0.82000 support at this point can offer an opportunity to add more longs. Ideally the value should retrace to the bull 1/1 Gann line or consolidate above it in a flag formation. The final confirmation will be a trade above the downsloping trenfline 0.83300 with target objective 0.86300.
Comments
LEONES
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I'm flat yen - the pullback seems to deep. Bear trend likely to resume here. 13JUL15 20.00GMT