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USD/JPY Broad Range-2015 Version

USD/JPY Broad Range-2015 Version

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

USD/JPY Broad Range-2015 Version

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-“The next USDJPY upside level of interest would be the 2007 high at 124.13. Typically, one would expect a larger move out of a 3 month consolidation pattern but there are other options (including a more drawn out flat or triangle).”

-Within the broader range, support could come in from 116.60/85.

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