After NFP brought some decisive action, USDJPY has failed to regain any new ground above 124.600
However it has been wasting time flapping about in a triangle - while I favor a short down to 123, it could whip about between 123.232 and 124.500 for a few days
Stops at 124.700, shorting to 123.000
However it has been wasting time flapping about in a triangle - while I favor a short down to 123, it could whip about between 123.232 and 124.500 for a few days
Stops at 124.700, shorting to 123.000
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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.