USDJPY: possible scenario

2020-01-20 13:21:40

Risk-on sentiment is still valid, the Japanese yen is in the uptrend and there is no sign for a reversal..

Joining bulls from around 110.05-109.78 with 110.8 take profit provides decent R:R (2.73).

Keep in mind that this idea can be realized in several days and long position in USDJPY has negative swap.

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