FxWirePro
Short

Sell USD/JPY rallies around 121.50, SL: 121.80, TP: 121.10

FX:USDJPY   U.S. Dollar/Japanese Yen
405 7 7
Greenback broke out of its 120.00-121.50 range against the yen yesterday, to reach a two-month high of 121.72 after Yellen signaled Dec             rate hikes

USD/JPY             is off overnight highs, is currently trading at 121.49, around channel top at 121.48, with supports on the downside at 121.10 (200-DMA) and then 121

Convincing breaks above channel top at 121.48 can take the pair to 122 levels, host of vanilla option expiries at 122.00 (USD727 mln) could attract

However, investors are reluctant to push the pair much higher ahead of the release of US Non-farm Payroll data next Friday

Daily Stochs are at overbought on the verge of a bearish crossover, correction lower likely

Recommendation: Good to sell rallies around 121.50, SL: 121.80, TP: 121.10
It seems you have currently TWO trades runing for this pair: One long and one short?!
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Sorry
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This mistake will not be repeated
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pete_hef FxWirePro
Thank you :-)
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how much possibly it goes beyond 122 ? I followed your last signal and I entered selling with tp 119.80
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Till 122.40
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