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USDJPY Technical View

25 May 2018 Marios Athinodorou

Based on the Ichimocu system it can be observed that the recent kumo break out was confirmed after the chikou span broke the cloud.

The lines and the cloud seem to be in bullish formation.

To be able to start looking for any potential bullish signals we would like to see the price to break above the 2 lines.

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