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KaizenTrader
Aug 25, 2015 3:36 AM

USDJPY Short Setup  Short

U.S. DOLLAR / JAPANESE YENICE

Description

Definitely looking to continue riding down the USDJPY. Simply waiting for an appropriate retracement from the extensive selling we have witness in conjunction with global equities. The yen is in demand fundamentally as a safe haven currency and will continue to appreciate in my opinion. If you look at a weekly chart, there is a lot more room for this pair to go down.
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