What I'm looking at on the USDJPY is a potential pattern that would end us right at previous structure highs and a 161.8 level. As I do with my traders every morning in the Live Trading Room, I want to ask myself the question of not only "where will the market go?" But also "how are we likely to get there?" We'll see what the market has in store after the 1st half of the London session, but this is certainly a trade that is high on my radar.
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