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ifxguru
Apr 2, 2015 7:08 PM

Short USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

Target is the horizontal support line.
It can also stop at 119.295.
Good luck!
Comments
ifxguru
Looking to short any move up, I expect DXY to spike briefly above my projected resistance, and thus *usd pairs to suffer temporal weakness/retracements before going for a stronger move up.
ifxguru
You can scale in now, say thanks to the interbank crowd.
ifxguru
Don't be afraid of news releases...they will fuel your trades if you do things right.
Happy Easter!
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