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gdf_fx
Aug 6, 2016 7:14 AM

USDJPY Consolidation ending? 

U.S. Dollar/Japanese YenFXCM

Description

Personally short bias to fade the NFP rally
even with another good NFP month the bulls couldn't take control of price and were capped at the strong resistance confluenced with the 61.8%
A pullback at this level is my idea scenario
if bulls can pull the market through the 61.8% i'll be looking to buy a retest of the 61.8%
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