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Profound_Ambition
Jul 16, 2017 4:41 AM

USDJPY 4H Short

U.S. Dollar/Japanese YenFXCM

Description

Bearish bias, as price is below moving average and we so a break of 4 hour uptrend after bouncing off strong weekly resistance. I am expecting a pullback back to the trend line & from there will look to go short. As we see price now forming lower lows & lower highs, this indicates a reversal.

Trade with care!
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