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Tactical Trading on UJ
U.S. Dollar / Japanese Yen
Tactical Trading on UJ
By fromzerotospyro
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Updated
Jan 17, 2018
5
Cheer
Cheer
Jan 16, 2018
Tactical trading in the upcoming days for USDJPY
Fundamentals are weakening for the US with bearish cycle for US bonds and dow plummeting on last session.
Its very possible to see 110.000 level reaction as the signal for a new home run for the greenback.
Further confirmation from US data will be needed.
Technicals are not enough to trigger this.
For now the outlook is bearish.
Wait for the opportunity to arise.
Trade safe, Trade well.
Jan 17, 2018
Comment
Things didnt play out as expected.
110.000 wasn't tested.
Dont place trades.
Wait for new confirmation.
Trade safe
101
analysis
reversal
tactical
technical
trading
trend
Trend Analysis
USDJPY
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