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USD/JPY bears looking for a close sub 119.68

Tuesday, March 24, 2015 7:56 AM UTC

Bears are looking for a daily close below the 119.68 level
A daily close below 119.68 will expose 118.95 - 50% of 115.85 to 122.04
119.68 - 38.2% retrace of the 115.85 to 122.04 Jan to Mar up-leg
Traders stay short at 120.50 for losses to 119.05, with trailing stop lowered to 119.90

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USD/JPY bears looking for a close sub 119.68

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