U.S. Dollar / Japanese Yen
Short
Updated

Descending triangle at top of overextended bull flag

UJ continues to consolidate. Eventually will break 115 and target is 113.5-114

Invalidate if daily close above sma9

Gold is highly correlated to UJ right now, so gold should move higher as UJ heads south.
Trade closed: target reached
Hit target overnight. Will reload on pullback. LT target is now 109 and 104.

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