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USDJPY rejected nicely by 61.8 FIB level

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
pipped  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpyshort Fibonacci Retracement Bearish Trend Line
7
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trendanalysis chartpattern indicator usdjpy usdjpyshort fibonacciretracement bearishtrendline
Have been looking for a good opportunity to open a short position on USDJPY. We've bounced off the 61.8 FIB level nicely, and also where we met our trend line. We've also closed below the 8 EMA.

I have 3 bearish confirmations for USDJPY, so I will be short until target 1.

Good luck trading, trust yourself, and your analysis.

To everyone's success!
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