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SwingAndPip
Jan 13, 2015 2:28 AM

Carry 

FX:USDJPY1D
U.S. Dollar/Japanese YenFXCM

Description

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Largely much of the USDJPY unwind has been risk related to the S&P 500. We have broken the 50 DMA which makes me reluctant to enter a long trade but in the long run a retracement to the 50 or 61.8
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