UGTraders

USDJPY - protect your position

FX:USDJPY   U.S. Dollar / Japanese Yen
Hello my dear friends,

We've previously said in a previous idea that USDJPY is supposed to have bullish momentum,
and by examining the current momentum closely, this pair is showing a lag of bullish momentum, however we can't confirm this lag without going below the ascending trendline.

So keep your long positions, and protect your position by this trendline.


Good luck!


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