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maonadim
Nov 6, 2017 10:12 PM

USDJPY Short at 113.3 Short

U.S. Dollar/Japanese YenFXCM

Description

Our preference: short positions below 114.15 with targets at 113.60 & 113.30 in extension.

Alternative scenario: above 114.15 look for further upside with 114.40 & 114.70 as targets.

Comment: the RSI has just broken below a rising trend line. Prices broke below a rising channel.
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