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financialmarketsalgorithms
Oct 23, 2017 2:31 PM

Double bottom formation to challenge overhead resistance 

FX:USDJPY1D
U.S. Dollar/Japanese YenFXCM

Description

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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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