Akshay15

More Upside In $/Yen.

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
For the first time in last two months $/Yen managed to close above 50 Day EMA Plus MACD is also holding positive momentum on daily chart. Also many shorts are trapped in this as reversal was sudden & strong. Another point supporting rally in UJ from here is Yield on US bonds.
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