USDJPY: Trading Plan Short
U.S. Dollar/Japanese YenFXCM
Description
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USDJPY is currently retesting the recent market high.
It looks like the market may form a double top pattern.
Pay close attention to a rising channel and sell the market in case of a bearish breakout.
Stop will be strictly above the higher high.
Target levels: 109.3 / 109.0
*if the market goes higher and closes above the current high, our setup will be invalid.