fxfirststep
Short

USDJPY Short looking for price to break buying zone below

FX:USDJPY   U.S. Dollar / Japanese Yen
Update: Closed position @123.44 coming into close of 08:00 candle. Price not pushing down past 123.25 level and didn't want to hold this position over the weekend.

Have gone short here on 2nd red heikin ashi candle close and looking for price to break through buying zone below.
Price has already dipped below this zone 3 times while the above sell zone has held strongly.

Looking at USDX still think there is room for USD to drop further back as part of larger retracement after strong run up in first half of 2015.
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