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ewhite41
Jul 5, 2022 10:07 PM

USDJPY SHORT Short

U.S. Dollar/Japanese YenFXCM

Description

We have a double top in play. We can expect price to eventually correct after having a nice rally sicne May 24th. Targets 2 and 3 are Fibonacci levels of the 61 and 88 levels. Targets 1 and 4 are fib extension levels. Wait for price confirmation before establishing any short positions.
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