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DesharedPierreJr.
Jun 11, 2023 9:08 PM

usdjpy consolidating before breakout Short

USD/JPYOANDA

Description

USDJPY is hinting at a momentum swing. The overall trend is still up however price has not been making any new higher highs on the daily, In fact, volatility at the high forms a bearish reversal signal. I believe price is pulling back intraday bullish, but this push isn't very strong. Another daily rejection at the high will trigger a short setup for me.
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