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Re: EUR/JPY CYCLES UPDATE Part1
USDX (dollar index) update: If the USDX cracks that highlighted level soon, EURO and CABLE will extend losses, and USD/JPY would be set for 119.
Let's wait and see how it acts at the highlighted levels, if you have some long posies on CABLE and EURO try to get out early at B/E and if USDX fails to breakout, reinitiate longs.
I will update USDX chart after US close.
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