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priceactionta
May 23, 2018 6:56 PM

UJ downtrend targets Short

USD/JPYOANDA

Description

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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