Sunday, September 17, 2017

TODAY’S STRATEGY FOR $USD/JPY

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  • Last week Friday, the dollar weakened following the US Retail Sales report, reaching daily lows of $110.60

  • There is still an Upward trend for the $USDJPY; On Monday the market the is expected to test levels of  $110.86, if it doesn't break that point it would be a good sell; However, if it manages to break the resistance of $110.86 we might see an increase to $111.30

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