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forexcanada
Oct 16, 2012 5:07 AM

Late party for USDJPY Long

U.S. Dollar/Japanese YenFXCM

Description

If we could see a daily candlestick close above the upper trendline and I think we could open the door to 80.00yen again. Though there is a few major resistance along the way, but my soft target on that one is actually 80.65. It might just be a pop and drop since this triangle pattern is bearish in nature.
We should have a clearer picture in the next few days.

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Gaven Sirois
Comments
johangradin
Great look, cheers!
artaj68
Agreed.
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