USDJPY Might be springing to break the low.

By RKchartest
Normally this would be a great area to have a limit waiting at the low. Play the reaction. However the current correction to the 20 EMA can act as a spring to accelerate the pair through the low. A good breakout pullback trade may be how to approach this low.
ForexjpyrkchartestUSDUSDJPY
RKchartest

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