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RiccardoAnnoni

USDJPY seeking for some support

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
RiccardoAnnoni  
FX:USDJPY   U.S. Dollar / Japanese Yen
1
0
As you can see USDJPY has printed 6 consecutive loss, the last being a doji.
Thus USDJPY is striving to print a nice bullish one.

I am bullish on USDJPY but I need a nice bullish daily candle to close in the vicinity of SMA50 to buy some USDJPY.

The floor of the market sits at 115/116. Below that level I would start to consider selling instead.
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