failathon

USDJPY short to 123

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
6
After NFP brought some decisive action, USDJPY has failed to regain any new ground above 124.600

However it has been wasting time flapping about in a triangle - while I favor a short down to 123, it could whip about between 123.232 and 124.500 for a few days

Stops at 124.700, shorting to 123.000

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