UsdJpy is approaching 145 again and, although when it comes to changing trends, BoJ can do much, last week's intervention was a clear warning that "we don't like it above 145". The high just before intervention was 145.90 and I expect that zone to offer resistance now. So, in my opinion, searching for selling opportunities in that zone can be a good strategy, and traders who would target the lower boundary of the range could also have a very good R: R for their short trades.
Hi there I agree with your short idea on USDJPY, your point of interest for the retracement is close to where I intend to place a buy. Please check out my idea at:
Mihai_Iacob
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@desmondlzw, thanks for sharing your chart
TheNewsCrypto
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Good PA
Lingrid
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Great job! Ty
DEXM_96
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78% Net short tho.....
KlejdiCuni
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I am watching for a stronger movement during these days as the price is reacting very well. I agree with you. Thanks