USDJPY
We
see some strong buy signal @110.50/60, the Momentum seem to
get back above 0. Our first trade is long,
target is @110.85, entry @110.60 and stop loss
@110.30. The next entry will be around 111 with short
target @110.70 and stop loss @111.25.
Be careful,
the test of 111 resistance may be broken, targeting 111.38
in the next 12 trading hours.
Chart of the day:
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