matthewiyf
Short

USDJPY Short Idea

FX:USDJPY   U.S. Dollar / Japanese Yen
On the higher timeframes price has respected this key area highlighted on numerous occasions. Last week we see a big impulsive move to the upside where we then had some doji candles indicating indecision and bulls may be losing steam. I like the fact out fib reversal sits nicely in this area also.
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