SAXO:USDJPY   U.S. Dollar / Japanese Yen
UJ hit the daily high level of 137.777 early this morning before taking a big leap down to 135.400 area. Currently looking for price to touch and resist the next supply located in the 137.000 area. Once price rises and rejects this area of 137/000, it will be in your best interest to take a sell if you have a similar set up. Will this be a short term bear cycle or are the bears in control of the market this week?

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