USDJPY LOSS

USDJPY LOSS
25th July 2018 contacttf
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Trade taken after analysing the chart all the way to the 2 hour mark.

The longer time frame indicates a sell position.

I am of the opinion, that USJPY is oversold in the short term. For this reason, I decided to buy.

Trade got stopped out, after a quick swipe down below the support line.

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