tomgeorgejr

USDJPY Short-term buy, then Long-term Sell

Long
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
USDJPY has finally broken through an area of resistance that's taken months to break. On the larger time frames (weekly), we can expect price to retrace up and retest, then continue down. However, we are looking for a short term buy up to the end of the retracement.
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