PaulWallace

USDJPY Pre-Bernanke Wedge Setup

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
0
I like this wedge pattern that is forming on the yen. I will look to play a short position If we get a 5 minute close below 99 after Bernanke delivers his semi-annual policy report at 1230GMT. I won't necessarily play a break to the upside, but that is also possible!

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