FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is in an upward trend. We expect a pullback and then a continuation of the trend. Using the Fib retracement tool, we aim for an entry between the gold zones (0.5 -0.618 fib zones). We look for buying opportunities when the price gets to 105.460 or below. Take profit around 106.093 and stop loss around 105.049, giving you a risk-reward ratio of 2.76.
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