hpis44
Short

USDJPY 240 min. SHORT SETUP

FX:USDJPY   U.S. Dollar/Japanese Yen
Expectiing the USDJPY             fall to continue in the very near term, I place a sell limit order @ 123.80. The idea is supported by RSI that moves in a downward channel.
Fundamentaly the idea is also supported by Bank of Japan Kuroda, saying that " Yen's excessive rises have been corrected in past 3 years, also adding that real effective exchange rate shows that yen is weak, while also saying that yen may not weaken much further on real effective exchange rate basis.
hpis44
a year ago
so far so good :-)
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