theforexportal

USD losing ground but the BULLS are gathering

FX:USDJPY   U.S. Dollar / Japanese Yen
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Week commencing 27/03/2017

Traders Dynamic Index
DTF Bearish
H4 turning very BULLISH
H1 mixed

Structure
BULLISH

Current outlook
Mixed

Trade idea
Looks a solid BUY from 109.00 area
The break of the 110.62 Fib level suggests we are headed lower but BULL pressure is building
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