xlphs

UJ downtrend targets

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
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1
USDJPY might be starting a month long bear trend, DXY down Yen up.
Comment:
Comment: DXY defies all logic, let's assume it continues upward, that means the effect of a bullish yen will be lessened, so UJ will not drop easily below 107.
Comment: Nothing drops forever, UJ will be range-bound for a while and even go up some before next dump.

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