KonradK1

USDJPY Long to take liquidity

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
The dollar is experiencing relative strenght across the board after Powell's speech. Out of all the set ups, this one currently presents the best Risk:Reward in this conservative play.

Its already stalling at the level, there is a noticable slowdown as we head into the asian session but would expect to pick back up tomorrow.
Trade closed: target reached: Target reached. A lot of pain on the other side but tactical stop placement prevails.

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