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KonradK1
Jun 17, 2021 9:06 PM

USDJPY Long to take liquidity Long

U.S. Dollar/Japanese YenFXCM

Description

The dollar is experiencing relative strenght across the board after Powell's speech. Out of all the set ups, this one currently presents the best Risk:Reward in this conservative play.

Its already stalling at the level, there is a noticable slowdown as we head into the asian session but would expect to pick back up tomorrow.

Trade closed: target reached

Target reached. A lot of pain on the other side but tactical stop placement prevails.
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