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TheShredded_FX_Trader
Aug 20, 2020 7:39 AM

USDJPY Daily Outlook 20 Aug  

U.S. Dollar/Japanese YenFXCM

Description

Price extended its gains yesterday and started consolidating creating a rectangle range on the 15min. I am waiting for a break and retest to either go long or short. If the short option presents itself I will look to take profit at the 50 Fib retracement and go long according to my strategy.
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