Looking at USD/JPY we have a potential resistance forming with price unable to break this level. Confirmation of rejection could see a short entry, whereas breaking and holding above this point with a retest could see price head above 149.00.
Trade active
Trade is active, we are looking at the 145.196 level now to see how price reacts. Retest and move below will see the trade continue.I have taken half my profit so the trade is effectively now free to run it's course.
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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.