Hi Traders, here we are back on another market breakdown on USDJPY. In the previous analysis (8th Dec/ Wednesday), I talked about potential selling opportunity at 113.80 as I expected some short-term momentum shift, from Bullish to Bearish environment. So far things' going according to our plan, let's see if UJ could head towards the 112 area.
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All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
If you enjoy the content, make sure you follow my profile and give me a thumbs up for daily fx forecast & educational content.
Let me know your thoughts on UJ in the comments below.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
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Previous analysis
