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PeterHedger3

USDJPY - Bouncing away from a key level - Possibly a good SELL

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
PeterHedger3  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Beyond Technical Analysis Chart Patterns
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trendanalysis beyondta chartpattern
USDJPY 109.700 Level looks to be a strong resistance area.

This level has been respected 5 times in over the last 6 weeks.

108.700 Looks like a good exit target and could potentially run further to the 108.000 level.

Happy trading
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