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USDJPY: Rejected from Support level | February 1, 2017



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Usdjpy has rejected from key support level at 112.60. Big legged rejection candle has been formed from the support. So now we can expect some bullish movement on this pair. So we need to look for buy.
Buy trade setup
✫ Above 112.60 level, look for buy.
✫ If any bullish candle formed on h1, open buy position
✫ SL will be set below support level.
✫ TP will be 30-100 pips.
Read more USDJPY previous chart analysis
Read more All pairs chart analysis at a glance


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