Mihai_Iacob

UsdJpy outlook

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OANDA:USDJPY   美元 / 日圓
After the 105 low, UsdJpy has formed some kind of inverse H&S.
The pair is trading just in resistance zone above 109 right now and we believe that this resistance will give up and the pair will continue its uptrend.

Strategy:
Buy @ market
SL @ 108.50
First target 112.00
Second target 113.00

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