CANDLEHOLDERFOREX

USD/JPY short weekly term

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
As you can see we are approaching a Weekly trend line that has been respected many many times as well as a strong resistance line. I anticipate a spike during news to activate buyers pending orders, and sellers stop losses and a very aggressive shot down to the 108.40s area expected by middle of next week.
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