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OptionalIdeas
Jan 3, 2019 12:00 AM

Yen possible double bottom after todays crash 

U.S. Dollar/Japanese YenFXCM

Description

The Yen fell to the lows of march where it bounced forming a potential double bottom.

It's currently trading at the light purple trend line, however if it does not maintain above the light purple line I believe it will probably break down to 101.216

I'm switching to a neutral opinion of the Yen.

* This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
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