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USD/JPY Sizeable Overhead is Above the Market

Jamie Saettele, CMT

DailyFX.com -

Daily

USD/JPY Sizeable Overhead is Above the Market
USD/JPY Sizeable Overhead is Above the Market

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-There is no change to USD/JPY comments. “Ultimately, the floor from late 2014 to early 2016 (115.50-116.00) could provide major resistance. The reaction lower from the late March high thus far held the May high (111.44). The near term pic is positive whilst above that price.”


original source

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