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dwallacefx
Short

usd/yen

U.S. Dollar / Japanese Yen (FX:USDJPY)  
dwallacefx  
FX:USDJPY   U.S. Dollar / Japanese Yen
21 0 1
The monthly bearish strength on this chart indicates that shorts are in favour. It can be seen that price has rejected the 61.8 fib level which is a great set up for a typical ABCD chart pattern.
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