SteynTrade

USDJPY testing the bottom of the trading range

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is testing the bottom of the trading range defined by the Wyckoff Redistribution evaluation and median line of the pitchfork of the previous markdown. Will be looking for the market to go long to the upper median line of the smaller pitchfork in the next week.

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