Here on the USDJPY we have a cluster of technical indications that the market wants to go up a little before continuing the downward momentum that we have had recently. This is a counter trend trading opportunity so i do not anticipate a complete reversal at this zone but only a brief retracement back up into the most previous resistance level. Hope you found this post to be educational and best of luck on all future trades!
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DISCLAIMER: trade at your own risk this information is for educational purposes only and should not be taken as trade advise always seek council from a licensed adviser before ever risking any capitol!