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LFX
Mar 10, 2015 12:51 PM

USD/JPY - BEARISH Short

U.S. Dollar/Japanese YenFXCM

Description

Looking for a candle closing back within the pennant.
Target 1 (117.667) is strong historical support/resistance, Target 2 is the bottom of the pennant.
Daily candle is looking to close at Gravestone Doji signifying a bearish reversal.
Will look for a more precise entry on H4 chart.
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