ClashChartsTeam

USDJPY up move after retracement

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
The previous forecast did well. Price smashed the target. Based on option's sentiment at this moment we expact the price rise higher.
Comment:
Based on CME data, the holder of a large long option position exits it on the upside...the question is why?

it usually signals the risk of a reversal.

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