Fxprotrader

USDJPY Breakout To Open Doors For Shorts

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY has been moving in a corrective structure for a while having already formed five waves. It's now testing the lower trendline of this structure where should watch closely for a breakout. If it happens, just wait for a consolidation and go short. If we have a sell setup i will update this post.

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