informedtrades
Long

Going Long USDJPY -- Again

FX:USDJPY   U.S. Dollar/Japanese Yen
I was stopped out on this trade previously, at breakeven -- I think I had moved my stop to breakeven a little too early. However, I think there may be time to try again. I'm set to go long at 101.58, with my stop at 100.94. I have an initial profit target at 105, though with yen trades, I'm interested in holding out for a much larger move to 120 or so.

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