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DiligentTrading
Nov 6, 2016 3:58 PM

USDJPY POTENTIAL SELL Short

U.S. DOLLAR / JAPANESE YENICE

Description

Price was been strongly rejected by our monthly resistance level, price has now stalled at the previous higher low. I'm already in this trade from the 104.000. We could see price push lower but i would await further bearish conformation and price to break the zone marked and also break and retest the counter trend line. Anticipated target around the 101.300 area.
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