TimakaFx

USDJPY SELLING OPPORTUNITY

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hello, I am anticipating a possible fall of USDJPY off levels of 151.00 - 151.990 where there is big supply and resistance. Price has recently rallied without a look back and I think its high time the bulls get exhausted if they manage to reach this region. In addition, price is approaching the upper boundary of a well defined rising channel to which its likely to coincide with the supply.

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