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Rocketman
Jul 2, 2018 8:42 AM

USDJPY: Long-Term Direction Short

USD/JPYOANDA

Description

Technical: Direction of association is negative yet loose, but still clear.
Fundamental: Same as before. Long-term bearish USD and Bullish JPY.

Trade closed manually

Closing trade. Will hop back i when the US dollar falls down for two weeks or if there is a sharp drop.

Comment

USDJPY is heavily overbought and this trade war is overdone:
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