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theforexarmy
Feb 9, 2017 12:37 AM

USDJPY approaching support once again, remain bullish 做多

U.S. Dollar/Japanese YenFXCM

描述

Buy above 111.35. Stop loss at 110.10. Take profit at 113.15.
Reason for the trading strategy (technically):
We remain bullish above 111.35 support (major Fibonacci retracement, horizontal overlap support, Fibonacci projection) for a push up to at least 113.15 resistance (Fibonacci retracement, swing high resistance).
Stochastic (21,5,3) is seeing strong support above the 8% level.
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