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chomunoglu69
Apr 9, 2018 8:28 PM

USDJPY Long Opportunity Long

U.S. Dollar/Japanese YenFXCM

Description

I can see many confluences adding up with this pair such as a trendline break and a re-test after trend reversal which started on the 25th of March as well as an exponential and simple moving average crossover. I am expecting upward movement, bouncing from the 50% fib retracement level which lines up with the trendline and a previous significant level as seen on the graph.
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