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U.S. Dollar / Japanese Yen
Long
Updated

USDJPY Medium Term Long Trade

99
USDJPY may be starting a medium term long phase with the dollar strength index ( DXY ) being oversold on the 4 hour chart. We are seeing a synced trend here with the FX majors. Technically the 4 hour RSI has been oversold recently, Momentum oscillators are showing bearish momentum here for a potential bullish trade.
Trade closed: stop reached
Seafair-Capital-Management
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Beyond Technical AnalysisTechnical IndicatorsTrend AnalysisUSDJPY

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Beyond Technical AnalysisTechnical IndicatorsTrend AnalysisUSDJPY
Seafair-Capital-Management
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.