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Short

USD/JPY breaks minor support, targets 118.45

FX:USDJPY   U.S. Dollar / Japanese Yen
306 2 2
USD/JPY             has broken minor trend line support 119.10 ( trend line joining 118.60 and 118.79) and a decline till 118.25 cannot be ruled out.

On the higher major intraday resistance is around 119.60 and any break above targets 120.20/121.

The pair’s minor support is around 118.80 and break below targets 118.40/118.25.

It is good to sell on rallies around 119.10-15 with SL around 119.60 for the TP of 118.45/118.25.
Please indicate when stopped out.
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