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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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USD/JPY reversing off 1st resistance, further bounce!

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USDJPY is reversing off 1st resistance at 106.71, further drop could occur!

Entry :106.71

Why it's good : 38.2% Fibonacci retracement, 100% Fibonacci extension, horizontal swing high resistance

Take Profit : 105.08

Why it's good : Horizontal swing low support

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