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PipsRevolutionFx

USDJPY - 2th December, Possible Next Move

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
PipsRevolutionFx  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Fundamental Analysis Forex USDJPY short signal institutionaltrading
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trendanalysis chartpattern fundamental forex usdjpy short signal institutionaltrading
Pretty simple analysis on this one.

USDJPY is on a bearish bias, DXY (dollar index) is currently with a weak bullish sentiment entering a mix between BULLISH/BEARISH which could indicate weakness of dollar pairs.

We have right now a BOS (break of structure), nice bullish order block, and an imbalance to be filled before a possible continuation of the bearish movement.

Regards,

Team PRFX :)

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