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USDJPY 4Hour Analysis August 30th, 2020

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY Short Idea

Still looking short on all major timeframes and we will continue with a bearish bias.

On this timeframe we’re looking for a pullback to a new resistance. Potential entry opportunities will present themselves after we see a confirmed lower below 106.000. Target lower toward significant support and key fib levels.

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