fxtechtrader

USDJPY 102.067 key level.

FX:USDJPY   U.S. Dollar / Japanese Yen
If you look closely at the whole structure in USDJPY 8 hours, it looks as if it is STILL only a retrace of a bullish W base formation. I believe the key level 102.067 will be broken to the upside. Any decline will be much more gradual - as big players need more time to unwind any positions. No trade yet, watching Nikkei225 closely as well.

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