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Kishore
Jan 29, 2017 7:34 PM

USDJPY BROKEN THE TREND LINE, BUT RESISTANCE ZONE AHEAD!!! Short

U.S. Dollar/Japanese YenFXCM

Description

MARKET ANALYSIS: The pair has now broken the trend line resistance level, Now we are nearing the major resistance zone where the market tested the same level three times in a row. Now if the market does not break it we can see a rally downward sooner. If the market breaks the resistance level we can see a slight uptrend and then followed by a huge impulse. So lets wait and see what the market does in the coming days. Cheers!

Trade closed: target reached

Comments
CuongTran87
Great simple !
Kishore
@CuongTran87, thanks mate. Cheers!
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