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The FANG Stock Investors Should Avoid

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Thanks to a private data…

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MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

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USD/JPY - Directionless

USD/JPY is trading mixed without momentum. Strong resistance is given at 114.91 (16/02/2016 high). Hourly support lies at 112.75 (08/03/2016 low). Next support lies at 110.99 (11/02/2016 low). Expected to show continued consolidation.

We favour a long-term bearish bias. Support at 105.23 (15/10/2014 low) is on target. A gradual rise towards the major resistance at 135.15 (01/02/2002 high) seems now less likely. Another key support can be found at 105.23 (15/10/2014 low).

Daily Technical Report

 

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