After analysis i can say we will haveve much more bigger UP trend. USD is gain power from today economy events they are have positive results on ADP Nonfarm Employment Change (Aug) A:195K F:148K P:142K and ISM Non-Manufacturing PMI (Aug) A:56.4 F:54.0 P:53.7. Expect today much more stronger USD. JPY is the weakest currency today, and they are have some poor economy results in last week.
Join on this idea i expect big profit here.
TP1: 107.420 ENTRY: 107.120+- SL: 106.750 Chart time frame - 1D Time for reaching TP - 8 - 72 hours
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Trade closed: stop reached
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Here we are not have time to reach target before todays US economy events, and USD is have negaive results (what is be expected) today on Nonfarm Payrolls (Aug) A:130K F:160K P:159K, Unemployment Rate (Aug) is stay unchanged A:3.7%. See you on next trade. DepaFX
It did test the resistance level 107 but it is not confirmed that it has broken that level. Unless there is a confirmation i think it is too risky to go long.
UnknownUnicorn3983388
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@kidpoker023, This idea is closed. I igreed with you, and it is risky now, its good to wait JPY GDP on Monday, then we will know better next moves.