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RaynLim

USDJPY-Weekly Market Analysis-Jun22,Wk2

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
RaynLim  
FX:USDJPY   U.S. Dollar / Japanese Yen
Supply and Demand Double Top or Bottom Candlestick Analysis askforex100 USDJPY Supply Zone Demand Zone countertrend Double Top usratehike candlestickpattern
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supplyanddemand doubletoporbottom candlestick askforex100 usdjpy supplyzone demandzone countertrend doubletop usratehike candlestickpattern
There is 2 trading opportunity, it depends on which camp you belong to. Counter-Trend Trader or Trend trader.

The Counter-Trend Trader could wait for a Double-Top setup within the Supply Zone(red box) with the RSI Divergence setup.

Trend Traders can wait for a Buying Opportunity at the Demand Zone(blue box).

There is still some time before the US Interest Rate Decision, it is likely to be 1 of the most volatile event that's going to happen on 16Jun, 2 am (GMT+8)
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