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Jul 5, 2017 12:21 PM

USDJPY - further appreciation Long

U.S. DOLLAR / JAPANESE YENICE

Description

USD/JPY – On H4 chart there is an uptrend. Recently there has been a slight correction and price went back to previous highs. In this area, demand occurred twice creating pinbars. Such price behavior may indicate continuation of trend and rebound upward from support. We can consider long position.
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