hweikang

A Possible Breakout

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Looks extremely good. USDJPY has been on an upward trend, and notice it's a day away from its monetary meeting. I wouldn't hold it during that time, but that doesn't mean no volatility. I am watching for a possible breakout confirmation, and it's possible we see some pop as USD could gain more strength if we see any dovish sign from tonigh's ECB meeting.
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