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Sniper
Jun 7, 2015 2:33 AM

BULLISH momentum continues. Long

U.S. Dollar/Japanese YenFXCM

Description

USD/JPY Has broken 125
The 125 level is of course a large, round, psychologically significant number, and breaking above there is of course a good sign. Ultimately, I believe that this market is heading to the 130 level, which is the next large, round, psychologically significant number. It isn’t necessarily going to happen overnight, but I do believe that it is a longer-term target as the market should continue to find buyers every time it dips. I'm extremely bullish of this pair.
Look for buying opportunities on pullbacks.
Comments
No_more_Post
nice trade set up
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