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ShaquanLopez
Dec 18, 2018 4:28 PM

USDJPY Consolidation 

U.S. Dollar/Japanese YenFXCM

Description

USDJPY is still in consolidation. It just rejected the resistance trendline for the 4th time and is now again at the support trendline. Question is, where can price head to now? If it breaks this consolidation point we can see a bullish move back up into the previous highs at 114.500 or we can see bearish movement back down into the previous lows at 113.000

Comments
reklaw
this looks good
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