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  1. #1
    Senior Member Grae's Avatar

    USDJPY, Range to Bullish !!!

    Still watching this pair. Little US data may mean little movement. Unless Japanese data dissapoints.
    USDJPY, Range to Bullish
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  2. #2
    Legendry Member Michael Hodges's Avatar
    the yen is starting to slide again. It flirted with resistance yesterday and then broke through today. My next target is around 104.

  3. #3
    Veteran Member Ammeo's Avatar
    I think we will come down to 99.8x-9x level early next week and we will get a bounce upwards. if the bounce is impulsive upwards and takes out current highs within 16 hours then we are continuing the upmove. If we get a corrective bounce, then likely we head down to at least 98.5 level...

  4. #4
    M.J
    M.J is offline
    Veteran Member M.J's Avatar
    Quote Originally Posted by Ammeo View Post
    I think we will come down to 99.8x-9x level early next week and we will get a bounce upwards. if the bounce is impulsive upwards and takes out current highs within 16 hours then we are continuing the upmove. If we get a corrective bounce, then likely we head down to at least 98.5 level...
    I think Monday would be bullish and most probably it will touch 100.60. I am saying this because it is trading well above support and below major resistance zone. Trend direction is upwards.

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