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RaynLim
Aug 9, 2020 12:32 PM

USDJPY-Weekly Market Analysis-Aug20,Wk2 Long

U.S. Dollar/Japanese YenFXCM

Description

With the look of the structure and the Fibonacci level, there's a high chance that the market is set up for a trend reversal trade. I'm waiting for a retracement back to 105.55 for a trend-reversal buying opportunity. I'll look closely on how the candle react at the major resistance.
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