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FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

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USD/JPY counting on the Ichimoku cloud to keep it on upside

Thursday, May 7, 2015 6:26 AM UTC

Recent bear trap below the cloud continues to pressure bears
A daily close back above the kijun line at 119.67 will pick up the pace
Near term target is seen around 120.50 levels

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USD/JPY counting on the Ichimoku cloud to keep it on upside

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