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Off to 133 for a decisive Check of S/R
U.S. Dollar / Japanese Yen
Short
Off to 133 for a decisive Check of S/R
By FX_Professor
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Nov 22, 2022
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Nov 22, 2022
USDJPY gave us a bit of trouble over 147 and then it became a beautiful trade/opportunity once below that level.
I have explained before how the US has become toxic for it's allies. You can read about it here:
As well as here:
and here:
Unlike non traditional assets, this kind of charts offer us amazing opportunity. Similar to going short on EURUSD right at the very top:
What happens at 133?
Price under that level ends up free falling to 107.7. Then again that same 133 could be a massive rebound...to be seen.
One Love,
The FXPROFESSOR
Chart Patterns
dollarshort
Fundamental Analysis
Trend Analysis
USDJPY
FX_Professor
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