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Straegyrunner
Nov 18, 2016 4:00 PM

USD/JPY Long

U.S. Dollar/Japanese YenFXCM

Description

I believe that the downward push we are seeing is due to profit taking. It is unusual to see the SP futures not in harmony with ICE #USD index. Volume still points to 111 .10 I believe as long as 109.50 is not broken the trend will continue up.
Comments
SwingFish
agree, but right now is a critical point .. serval touches of this level .. even on Yearly charts ..
i recon 111.52 as short term top .. but its gonna be bumpy for sure
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