adam234

USDJPY short entry after valid trend like break

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
13
USDJPY was unalbe to break higher in November and retreated from the 123,50 level as BOJ doesn't increase its bond buying program. There is a clear trend line break on the 4h chart, natural stop loss level is close for a good risk -reward short trade. Previous high and moving average give my target for the trade, moreover the real driver of the pair EURUSD seems to get lost its momentum.
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