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Japanese Yen Futures
Short

Yen futures breakdown and retest scenario

By NCHammer
Updated
It appears that the yen has completed a 50% correction of the previous impulse down move. I am waiting for a breakdown through current support levels so that the MA's and MACD will turn bearish and then place a short order at this support turned resistance level.
Trade active
Short active at 9170. Will play it down to the 0.262 retracement level as shown on the chart
Chart PatternsTechnical IndicatorsTrend Analysis
NCHammer
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