PRO-TRADERS

usdjpy small retracement then massive buying

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
The price will retrace back to 107.232 to taste support and thefore forming a likely scenario for massive buying...I can advice we sell a small position and exit at 107.232 and wait for bullish confirmation before going long , all you can chose to wait for price to taste the support before going long but always remember to practice good risk management
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