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26/02/2014: I have just taken my profit on USD/JPY long @ 102.220


Looking across the weakness in other pairs (EUR/USD and GBP/USD) in the past few minutes the selling pressure has begun to impact on Dollar/Yen. I have become worried by the recent sell off and the failure to break through 102.40 resistance.

I have decided to lock in 12 pips profit and reassess my outlook.


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