tradetoprofit

USDJPY - Still looking for reversal

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY has been consolidated for the past few days between 108.60 and 109.00 . Still appearing to use the 200 EMA as a place of resistance and not breaking above. There has not been enough significant US Data to drive price lower.

I am still in the short position with entry at 108.60 with stop loss at 108.80 and take profit at 108.00

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