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TheConcierge
Jun 16, 2016 6:32 AM

USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

Pivot: 105.60

Most Likely Scenario: short positions below 105.60 with targets @ 104.05 & 103.40 in extension.

Alternative scenario: above 105.60 look for further upside with 106.00 & 106.40 as targets.

Comment: the RSI has broken down its 30 level.
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