Tradeplicity

USDJPY Short Scenario

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
3
This pair has been strongly correlated with the S&P500 and with S&P flirting with a test of 2000 level which is also the 200 moving average. Our bias to test the lower boundary of the channel and possible retest of 110.00.
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