SynapseTrading
Short

USD/JPY (Daily Chart) - Running into Resistance

FX:USDJPY   U.S. Dollar / Japanese Yen
This pair had been creeping up steadily in an uptrend channel , till it hit a key resistance area and bounced off it.

Now, it looks like it will be heading down to test the trendline , and it it breaks that, will continue to head lower.

Personally, I am already short, and will continue to hold unless i see the bulls coming back in.
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