FXTOP7

Strong supply zone! Time to short for long term ;)

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OANDA:GBPJPY   英鎊 / 日圓
Looking at the 3 months time frame and we can see that we are at a strong supply zone! Also the fibs lining up perfectly. I'll be holding this position for long time since trading higher TF.

Bank of Japan will mostly intervene coming days and we shall see a sharp drop by next Friday!

We are trading at 2007 levels and extremely overbought.
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