RaynLim

USDJPY-Weekly Market Analysis-Jan19,Wk4

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is still on its bearish run, on the resistance line will be a potential trend trading opportunity for shorters.
If market break above and close above the resistance line, the market is on its bullish turn.

For aggressive traders, you can wait for the market retracement back into the blue zone and it does give the aggressive traders an opportunity to engage a counter-trend move.

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