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TB305

LONG ON USD/JPY

Long
U.S. Dollar / Japanese Yen (FOREXCOM:USDJPY)  
TB305  
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
Support and Resistance Supply and Demand Fibonacci USDJPY usdjpylong LONG buy USD japaneseyen
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supportandresistance supplyanddemand fibonacci usdjpy usdjpylong long buy usd japaneseyen
Price has given a perfect rejection of the 61.8 fib level and has made a higher high with a bullish engulfing candle.
Perfect Buying Opp as the DXY is also rising.

Here is the play I will be taking on this pair:

Entry = 136.566
Stop Loss = 135.495 107 pips
Take Profit = 138.859 229 pips

This is a swing trade.
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