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  4. USD/JPY Signal- July 3, 2012
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USD/JPY Signal- July 3, 2012

By Alp Kocak
Alp Kocak
By Alp Kocak
Alp Kocak has been trading Forex since 2003. He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo.

Currency: USD/JPY
Trend Expected Direction: Flat
Method: Ichimoku, Technical Analysis
Description: USD/JPY has been trading in an ascending channel since beginning of June. The pair bounced off of the lower band and now is heading north according to 4H&30M charts.
Recommendation: Long
Target Area: 80.60
Stop-Loss: 79.35

USDJPY Signal 7312

Alp Kocak
About Alp Kocak
Alp Kocak has been trading Forex since 2003. He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo.
 

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