U.S. Dollar / Japanese Yen

Short

USDJPY Short

Updated

Simple trend analysis. Watch for bounces around the 61.8 and the 78.6 Fibonacci Levels. Take profit on the chart is optimistic, however I am still expecting this pair to drop.

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Happy trading!

Note

Fed announced a rate hike so USD may see a small strengthen. Increased volatility in the US Dollar. Hold the trade.

Note

Stop loss is hit due to FED's announcement this morning.

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