Mihai_Iacob

UsdJpy can't stay above 109 for long

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
UsdJpy had numerous attempts to break and stay above 109 figure and each and every time failed.
108.50 is the line in the sand for the pair and a break here would expose 107.00 in the medium term

Strategy:
Sell the break
SL @ 109.20
TP @ 107.00

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