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USDJPY - Resistance at 136 + short continuation for +7% profit
U.S. Dollar / Japanese Yen
Short
USDJPY - Resistance at 136 + short continuation for +7% profit
By subtlepapi
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Aug 10, 2022
2
Aug 10, 2022
Technical Analysis (TA)
Rejection of upward momentum with weekly and monthly charts looking overbought.
Continuation play to 123 is still set-up. Re-entry or entry zone is 132.
Price Target
Entry: 132
Target 1: 127
Target 2: 123
breakout
Chart Patterns
continuation
continuationpatterns
Technical Indicators
mean
meanreversion
reversal
short
Trend Analysis
USDJPY
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USDJPY - Reversal to short
by subtlepapi
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