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Rohit.fidelis
Mar 12, 2015 3:58 AM

USDJPY - Pullback Ahead Short

FX:USDJPY1D
U.S. Dollar/Japanese YenFXCM

Description

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USD may turn lower against the Japanese Yen after prices put in a Shooting Star candlestick. An actionable trade setup is absent at this point, arguing against committing to a directional bias on long or short side.

Support: 120.82, 119.62, 117.17
Resistance: 122.48, 123.88, 125.84
USD (US Dollar)usdjpylongjapaneseyenjpy
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