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Old 28-01-2014, 14:19
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FBS FBS is offline
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Join Date: Jul 2013
Posts: 120
Default Re: Market news and trade recommendations by FBS


USD/JPY keeps consolidating below 102.80. The pair needs to rise above 102.85 to extend the recovery. The negative MACD crossed the signal line to the upside (bullish signal). On the daily chart the pair is supported by the bullish Cloud.

Support: 102.40, 102.00, 101.75, 101.60

Resistance: 102.85, 103.00, 103.60

Chart. H4 USD/JPY
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