Longing

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USDJPY broke a 4 month trendline, am expecting upside movement.

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١٩ مايو ٢٠١٦

ملاحظة

this is just a regular retrace before it heads up, it should get close to channel and reverse.

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ملاحظة

Dollar was not able to break a important channel in 4hrs and its moving towards bearish downfall unfortunately, we have only lost a few pips on this chart, am going to cut the losses short and go long instead.

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