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Forex technical analysis: USDJPY stays above support but….

ByGreg Michalowski

May 4, 2016

Momentum slow. Break of trend line fades.
The USDJPY can be brutal.  Joel is not alone ().  
see Adam’s post
Earlier today, I outlined the technical view at the time (see: 

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  3. Key events and releases for the week ahead
  4. USD positions consolidated while EUR shorts reduced – Rabobank

By Greg Michalowski

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