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  1. USD/JPY Price Pattern Analysis - Flat, Pending Long On Bullish Signal Near 115.90

    by , 11-27-2014 at 10:09 PM
    • Strategy: Flat, Pending Long On Bullish Signal Near 115.90
    • Dojis Indicated Reluctance From The Bulls Near 117.90
    • Intraday Trade Reveals Reluctance From Traders

    USD/JPY has slipped below the 117.90 support level after a string of Dojis suggested hesitation from traders to lead the pair higher. While key reversal patterns are lacking the next level of buying interest rests at the 115.90 mark - suggesting some scope for a shallow pullback. The emergence of a bullish signal at the barrier ...
    Tags: doji, flat, reluctance Add / Edit Tags
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