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Trading_Magic
Aug 11, 2020 9:23 AM

Long Short position on the USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

long short for the USDJPY. trend following and double top divergence on the MACD this both clearly indicate a down trend confirmation, also according to the COT the USD is losing position of about 2,433 on the long and the JPY even though also losing 10,851 on the long is remain powerful since is still have a lot of traders on the long move.
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