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nicktarver144
Feb 14, 2018 5:49 AM

UJ Break Short

U.S. Dollar/Japanese YenFXCM

Description

USDJPY seems to be finally breaking out of the channel it has been in. A possible last kiss could ensue confirming the large breakout if price retraces and touches the channel to then head back downwards. Price could also simply continue downwards. The bollinger bands are pointing to the latter. And finally price could also bounce back up to remain in the channel which would be disappointing.
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