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We expect USDJPY to trend downwards right now.

Historical events that allowed us to draw this conclusion

20 Jun 14:00
23 Apr 14:00
21 Mar 15:00
21 Dec 15:00
22 Nov 15:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect ES to trend downwards right now.

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Breach of resistance could mean a start of a bullish trend on JPN225

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