UnknownUnicorn9979208

USD/JPY Analysis

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
This pair is reaching the 38.2% fibo where there is a major resistance we might see this pair reject that line in the 107.338 area.
But Forex can be surprising so I'm waiting for confirmation before I'm selling.Your stop loss should always be just above the next major resistance for in case this pair breaks the lower high point and resistance
(Always only risk 1-2% of your capital).
Trade closed: target reached
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