SteynTrade

USDJPY bottom of range test complete now for the top

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY the bottom of the trading range was tested. A buyers entered the market with high volumes overwhelming the sellers. Now the top of the trading range should be tested. The 'TDI is also defining a trading range. So I will be looking long until the 'TDI reaches the top of its range to go short again.

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