Hey tradomaniacs,
welcome to an outlook for USD/JPY.
We were retesting the daily trendline with a strong bearish reaction and are waiting for the market to retest this price-zone.
This is a very nice chance to follow the primary trend and would give us a great risk-reward-ratio.
Still it is important to see a confirmation for this setup since a potential S/H/S-inverse could cause a break above the trendline for more bullish momentum.
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Peace and good trades
Irasor
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