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dragon_88

USDJPY trade in range as stock pull back

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
dragon_88 Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
Investors on street are waiting for next direction of stock market after 2 massive week correction, selling momentum paused as SPX index found a key support at MA50 area. USDJPY may trade in range this week by mixed US CPI data and Trump's budget blueprint including infrastructure upgrades.

Trading strategies:

Go long USDJPY for short-term target at 110, stop loss at 108.18
Trade closed: stop reached
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