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ColmoreFX ColmoreFX USDJPY, 60, Short ,
USDJPY: USDJPY SHORT TRADE
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USDJPY, 60 Short
USDJPY SHORT TRADE

Currently short USDJPY as the risk off scenario looks to continue with geo-political tensions growing between the US and North Korea we are seeing safe haven currencies and commodities appreciating. Watching the 1HR charts we can see that price has respected the dynamic resistance of the 20EMA and created a C2 close off a 61.8 Fibonacci retracement.

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