USD/JPY (A Short-Squeeze Rally in a making?)

View On USD/JPY (26 June 2019).



First Thing First: Our previous bullishness in the last May didn't work out as USD was in the sell down for the past few weeks.

Back Ground: It may seem a little overstretched and we are seeing some bullish pins (wicks) in recent days. I reckon we are in some sort of Pull back UP.

Target(s): Neutral/Slight Bullish toward 108.5

SHTF: 106.5 should act as a decent resistant




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