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RE: USD/JPY Drops to Bottom of Range

in #forex6 years ago (edited)

Hi Dane, nice chart. Monthly has somewhat of a bearish look for me with that fake breakout to the upside and the price being in a bearish triangle.

Nevertheless, on smaller timeframes, I think we might have to enter trades on support always with the assumption that the support is going to hold.

EDIT: forgot chart
image.png

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Can't fault your logic.

Enjoy your weekend, mate!

Cheers, you too! Catch ya later!

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