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Kai-FX

USDJPY Short

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Kai-FX  
FX:USDJPY   U.S. Dollar / Japanese Yen
7
0
We have seen a break of the support at 112.50 with a retest acting now as resistance. I expect a drop from this level to 110.60s area which acts as daily support.

Entry - 112.35

Stops - Above resistance (112.80)

Target - 110.60

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