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USD/JPY
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Feb 12, 2016 at 11:35
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arigoldman posted:
Waiting to go long!
I did too, as I think it will rise back to 113.10. On the other hand the trend is still very much bearish so I am keeping my eyes peeled for any reversals.
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Feb 14, 2016 at 07:28
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I think I might short next week, 113.20 is a considerable resistance level.

forex_trader_300882
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forex_trader_300882
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Feb 14, 2016 at 07:48
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Breaking area down from 114.30 to 80 pair, will lead to a strong descending process, the next support is located only at 106 area. Move in the future, may give a strong boost to Markets Exchanges a strong move downward
now we can bearish butterfly
now we can bearish butterfly

forex_trader_300882
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Feb 15, 2016 at 07:24
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daytrade posted:
Breaking area down from 114.30 to 80 pair, will lead to a strong descending process, the next support is located only at 106 area. Move in the future, may give a strong boost to Markets Exchanges a strong move downward
now we can bearish butterfly
I don't know who's right about the next support level but so far the pairs biggest run is this one and 1.10 is over 300 more pips away. I guess it depends on how much it bounces after friday's positive close.
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Feb 17, 2016 at 03:27
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Nice bullish bounce from the 111.00 level on the USDJPY. The price retraces to the 115.00 zone and drops to the 114.00. Possible bearish continuation.
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Feb 19, 2016 at 19:12
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There are two hammer candlesticks above the support at 112.80, I think the pair will rise towards 114 at least.
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Feb 28, 2016 at 11:00
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arigoldman posted:
Bullish.
I agree, there's a double bottom on the daily time frame.
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Feb 29, 2016 at 09:58
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It looks like the pair will test that double bottom again.
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Mar 01, 2016 at 16:06
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I think we might be be looking at the beginning of a long consolidation.
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Mar 06, 2016 at 10:03
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I agree, it didn't even test the double bottom when it fell. Next week there'll be a correction.
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Mar 08, 2016 at 06:12
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The USDJPY may continue finding some support at the 113.00 level, the 114.00 could be resistance.
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Mar 08, 2016 at 14:38
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The pair bounced off around 113.00 level, bearish mood may extend to next support level around 112.70 zone.
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