New Signal USD/JPY

FX:USDJPY   U.S. Dollar / Japanese Yen
USD/JPY             is an uptrend over the past year and although we expect a period of consolidation this pair is one to watch. A breakout of this consolidation period, one way or the other will warrant action.

We will be taking a long position with a break of 124.170 or a short position with a break of 122.330. Either position will have a risk of approximately 180 Pips. Targets will be 150 - 200 Pips.
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