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Elemont
Dec 17, 2016 6:16 AM

USDJPY FORECAST 

U.S. Dollar/Japanese YenFXCM

Description

USDJPY is in a strong uptrend, however it is currently retesting the major Weekly trendline. There is potential for a reversal, however price must close below the trendline and then proceed to begin breaking the other key trendlines in the setup. Price could also just bounce off the uptrend and continue rising.
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