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MoneyEngineer
Jan 1, 2018 12:06 PM

USD/JPY Long

USD/JPYOANDA

Description

The longer term trend direction is down but until it breaks the wedge pattern i see another push to the upside on the 4hr chart. And after this push up I believe we will see a longer term sell since the 4hr will be in correlation with the daily chart. The retracement concluded at the support of the wedge pattern in this analysis which gives me a bit more confidence in a push upwards.
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