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HighLand1
Jan 18, 2017 2:40 AM

buy the dip at 112.00 Long

U.S. Dollar/Japanese YenFXCM

Description

Technical support level:
Ppevious swing low 111.61 and 111.35
0.382 fib. (from pre-election low to post-election high)

Fundamentals:
US job market is improving? (Trump's tweet mania, proposed border tax, keeping jobs?)
Trump's fiscal policy.
Fed rate hike (~3)

Bullish for dollar.

Trade closed: target reached

Comment

trendline resistance.
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