Shorting USDJPY here. We hit some historical highs. Although there is not much resistance we believe that USD will weaken in the short term. This is a great swing position. If the data deteriorates in the US expect some brutal pullbacks in USDJPY.. There is also a lot of verbal intervention coming from Japan. We will take it level to level.
Trade closed: stop reached
woooottt
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.