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KAlex1107
Dec 7, 2020 1:04 PM

USDJPY short Short

USD/JPYOANDA

Description

Japan recently had positive stimulus news so Yen strength makes sense.
We are retesting former lows/support.
The 200 moving average lines up with this level on H1 and M30.
Market has also broken below the 200 MA and is retesting it.
Entered on the close of a consecutive bearish M30 candle off the 200 MA.
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