forexsavants

usdjpy - a move to the upside?

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
JPY has made a small recovery from being hammered to the abyss. We think the recovery was shortlived and that JPY will slide back where it came from.
Also we have noticed that BANKSTERS have increase postions on usdjpy long.
Therefor go long with a SL under demand zone!

Happy Trading Fellow warriors!

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