RaynLim

USDJPY-Weekly Market Analysis-Dec19,Wk3

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY has performed well in an extension move off the bullish bat pattern, target1 has achieved and the crucial push depends on this week the US tariffs that are due tomorrow.

The candle that touches the previous high and fails to close above the previous high is a concern to me.

Monday market movement will determine if I'm going to keep the trade or an immediate exit of it.


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