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Technical Analysis
AceTraderFx : Daily Recommendations on Major
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[QUOTE="AceTRaderForex, post: 212990, member: 22847"] [B]AceTraderFx[COLOR="darkred"] Sept 16: [/COLOR]Daily Recommendations on Major –USD/JPY [ATTACH type="full"]22615[/ATTACH] DAILY MARKET OUTLOOK on Major[/B] Update Time: [B]16 Sept 2022[/B] [I]09:30GMT[/I] USD/JPY - 143.3 Despite dollar's rise from 141.51 last Friday to 144.95 (Wednesday), subsequent sharp selloff on yen intervention warnings by several Japanese officials signals volatile trading below September's 24-year peak at 144.98 would continue but 141.51 sup should hold and yield rebound, above 143.80 (Thursday top) would head towards 144.55. On the downside, only a daily close below 142.84 would risk stronger retracement towards 142.56. [B]Data to be released on Friday:[/B] Italy trade balance, EU HICP, Italy CPI, Canada wholesale trade. U.S. University of Michigan sentiment. [/QUOTE]
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