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GIgor_021

USDJPY: possible scenario for joining bears

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
GIgor_021  
FX:USDJPY   U.S. Dollar / Japanese Yen
Supply and Demand Support and Resistance Beyond Technical Analysis usdjpyshort uncertainty sellingpressure decent riskreward like followthetrend Coronavirus (COVID-19)
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supplyanddemand supportandresistance beyondta usdjpyshort uncertainty sellingpressure decent riskreward like followthetrend coronavirus
Global uncertainty around coronavirus puts USDJPY under selling pressure, which might continue..

Joining bears between 108.9-109.27 price zone with 108.1 T/P provides decent R:R (at least 2.16).

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