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byronman

Longer term trade

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
byronman Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
2
0
trendanalysis
Heavy Resistance at Current level. Following STO RSI there is not a lot of room at current for more upside.

114-114.5 will be the level i will be monitoring over the next week, possibly be a good point to enter for a short.

Bearish outlook around, usually a bullish time. Will be monitoring closely

This is just my opinion and not a signal to trade
Comment:
If you had gone short at 114.5 like i indicated you would be taking excellent profits right now.

I did not take this trade
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