Consider sell orders towards 109.73 | 26 Maio 2017
26 Maio 2017, USD/JPY
Technical Observation
Recently, a false breakout was seen when USD rose above 111.60 but has currently descended back below it. Unless this resistance line is clearly breached with a green big candle, I expect further decline towards the support line 109.73 and may break below towards 104. On the 4 Hour chart above, A bearish decline towards 109.73 seems more ideal. My advice, consider sell positions towards 109.73.
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