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May 22, 2016 2:00 AM

USD/JPY First indication of bullish breakout (Nikita FX ) Long

U.S. Dollar/Japanese YenFXCM

Description

USD/JPY has failed its forming Super H&S RS(Right Shoulder:109.50--110.00 )
Daily & Weekly close was above 110.00 last week. This situation means bullish breakout
thru Green Wedge upper line & Black Wolfe Resistance Line.

I would say USD/JPY's bullish Reversal is confirmed if 111.89 would be breached.

Nikita FX (climbingfx.jugem.jp/ )
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