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USDJPY, probably there is a good reversal point to go long



USDJPY, probably there is a reversal at H1 for long by NamMinh on TradingView.com

 

Last week USDJPY was strongly falling down, despite of that thDXY was bullish at the end of the trading session. Today it has been forming a very attractive Price action with higher lows and higher highs. Of course it is just a first sign of a reversal, and we would like to go long, if the candle at H1 closed above 112.35x today.

Take profit will be around at 113.40x and sl@111.900

Take a look at the current PA forming in the chart below:

The DXY is currently look like this:

 

The DXY is still in a position of poping up, anyway, there is still something inside in which the markets are waiting for some releasing data from the US this week.

Trade well!

 

m2m

 

 

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