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SaleemJunedLala
Feb 15, 2017 8:14 AM

Penant Broken on USDJPY Long

U.S. Dollar/Japanese YenFXCM

Description

It has been observed that a penant which had formed after a strong upmove has been broken on the USDJPY pair.

Now it shall move further upwards.
Long at: 114.46 to 114.50
Stop: 114.20
Target: 115.00 & 115.19 towards the upward channel resistance

Trade closed: stop reached

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