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gongambol
May 24, 2017 10:05 PM

USD/JPY ready to restart? 

U.S. Dollar/Japanese YenFXCM

Description

Following recent fears generated largely from Trump's impeachment hypothesis, as we can see from the chart a megaphone structure was formed on this cross, probably indicates an excess of market. We believe, however, that we will have a bullish trend so we are willing to buy, ready to turn in case of breakout below 110 level. Keep track of the levels marked on the chart.
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