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LCFXpro
Aug 2, 2020 5:29 AM

USDJPY TRADE PLAN 

U.S. DOLLAR / JAPANESE YENICE

Description

Sudden impulse on Friday last week trading session made USDJPY back trading at 106.000 major level which align with intra-day based area, further price action development is the key before adding confluences, however as long as sentiment remain risk off downside move are in favor.

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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.



Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Comments
FXCM
thanks for sharing, I think it could go higher if prices break past the resistance level, but currently I have a bearish bias, this is my view on USDJPY:
lawrence14198
USDJPY
lightningmouse
got rejected by 61.8 plus strong support turned resistance, currently on a sell with a low lot size. Having the same thoughts regarding this chart
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