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Bounce for USDJPY
U.S. Dollar / Japanese Yen
Long
Bounce for USDJPY
By forexrockz
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Jul 30, 2017
5
Jul 30, 2017
Price respecting major support, also confluence of two weekly trendline - creating a double bottom. So safe bet to expect a bounce up.
With the USD weakness, I don't think this bounce will last and change overall trend, so a bearish outlook on USDJPY in the longer term
Trend Analysis
forexrockz
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