USD/JPY has been climbing all week but up to a very strong resistance at 106.600. The pair has been in a downtrend since October last year and I believe this is a pullback and will result in a retest with continuation to the downside. Both the US and Japan have no note worthy new reports for the rest of the month.
Trade closed: target reached
Smashed tp in 1 candle :)Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.