(240)UsdJpy

The JPY has tried clearly 4 times to break and go find support @ 118, as the yen is trying to do everything in its power to weaken its currency. Most swing traders are in it one swing too late.
I never use lagging indicators but here you can see with the Macd something is a miss.

Still we can wait for the break out either way but most of the trade would lost.
What do you think?

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