This pair has the potential to capitulate again, it all depend on the Yen Strenght that is currently obvious in all the Yen crosses. Technically, price has rejected the 61.8% retracement of the Lower High created on 8th Nov. We will go short from 109.04, stop is at 109.30. Intraday Target is 108.54.
Trade active
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Entry!
Trade closed manually
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closed and took profit. strong rally likelu cos price failed twice.