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financialmarketsalgorithms

Double bottom formation to challenge overhead resistance

U.S. Dollar / Japanese Yen (FX:USDJPY)  
financialmarketsalgorithms  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Technical Indicators
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trendanalysis indicator
USD is gaining on the back of higher 10 yr treasury yields and Trump Tax plan. Heavy resistance area 114-115. If it manages to clear overhead resistance we are looking at 119/122 in next 3 months.
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