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FxWirePro
Sep 24, 2015 10:36 AM

USD/JPY breaks minor trenndline support , targets 118.60 

U.S. Dollar/Japanese YenFXCM

Description

USD/JPY breaks minor trend line support around 119.80 and any break below confirms short term weakness ,a decline till 119 cannot be ruled out.

Intraday bullishness can be seen only above 120.20 and any break above would extend gains till 120.65/121.

On the downside major support is around 119.50 and break below targets 119/118.60.

it is good to sell around 119.80-85 with 120.25 for the TP of 119/118.60
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