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USDJPY May Retrace From 110.0 Level

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
VasilyTrader  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis Forex trading Technical Analysis USD jpy USDJPY dollar yen japaneseyen
12
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trendanalysis chartpattern waveanalysis forex trading technicalanalysis usd jpy usdjpy dollar yen japaneseyen
snapshot

USDJPY Remains bullish .
I believe that buyers will go even higher and our first pivot point is 110.0 level.

This level combines a horizontal resistance and a rising trendline .

Look for a reversal formation within the underlined area to short the market.
Target levels are: 109.5 / 109.0
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