StevenH

CTS trade on USDJPY

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Here on the USDJPY we have a cluster of technical indications that the market wants to go up a little before continuing the downward momentum that we have had recently. This is a counter trend trading opportunity so i do not anticipate a complete reversal at this zone but only a brief retracement back up into the most previous resistance level. Hope you found this post to be educational and best of luck on all future trades!

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