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Potential Buy if USD/JPY Dips to 94.34

posted by Avatar fx360 1065 days ago in USD, JPY, Technical made popular 1065 days ago

The USD/JPY is approaching previously established support near 94.00 with an emerging 8hr bearish butterfly pattern projected to complete at point D near daily fib support .The key will be for prices to drop to our projected entry at 94.34 without first moving above point C (96.56) which would negate pattern structure and invalidate
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