Mihai_Iacob

UsdJpy- Medium Term outlook- weekly chart

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
UsdJpy finished the week with a nice bearish engulfing. Long term trend is down and we can expect a continuation in weeks to come.
A daily close under 108.50 would expose 108 zone and the important support from 107.

Strategy:
Sell the market
SL @ 109.20
TP @ 107.20

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