johncarter_oz
Long

USDJPY in an UP trend

FX:USDJPY   U.S. Dollar / Japanese Yen
195 1 0
Trend is following some simple lines. A couple of fake outs...
A distinct bounce of the 63sma
and a clear long bias from the historical 200sma
nice chart but doesn't a trend need to have higher highs and higher lows looks like it is starting to fail or at least profits are being taken I think we will come down to around 113.50 just my opinion
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