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alexander.gorodynsky
Nov 4, 2015 9:50 AM

USDJPY 

U.S. Dollar/Japanese YenFXCM

Description

reversal point is at 120.67.

Our preference: BUY with target above 120.67 points and 121.5 121.8.

Alternative scenario: A break-down level of 120.67 open the way to 120.55 and 120.2.

Analysis: Break resistance at 120.67 may lead to a growth of 121.5.

Support and resistance levels:
122 **
121.8 ***
121.5 ***
121.0840 Closing Price
120.9 ***
120.55 ***
120.2 **
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