BenCheungFx

USD/JPY SHORT SETUP - WEEK HOLD

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
For those of you who like to hold trades for a good amount of time then this is a good opportunity for you!

The pair has been over extended again in this ascending channel and looks to repeat history once again. Since the long term bias is short. We can look at taking short positions with confidence and potentially break out of the ascending channel on the lower side making this trade a very good long term outlook if executed correctly.

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