USDJPY Possible Daily 50MA Rejection and the Handle formation
Updated
USDJPY looks like it got rejected by the daily 50MA courtesy of Janet Yellen. As long as the bearish momentum continues, its possible that we may retest the daily low once more completing the handle before NFP/FOMC.Entry: 114.241
SL: 114.5
TP: (tp1) 113.5 (tp2) 112.7 (tp3) 111.6
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Trade closed manually
Closed remaining shorts on profit due to possible reversal
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