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SaleemJunedLala
Feb 16, 2017 7:38 AM

USDJPY Short  Short

U.S. Dollar/Japanese YenFXCM

Description

It can be observed that USDJPY is being resisted at a strong horizontal resistance level and from the rising trendline which it broke a while back.

Look to short at Current market price or at 114.03
Target: Next support which conincides with 0.5 retracement of the uptrend
Stop: 114.38

Trade closed: target reached

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