USDJPY is looking to set itself up for another move towards 87.00 level but we might see some retracement by USDJPY before that. Traders will look to sell USDJPY on rising to 89.80 level for initial target at 88.60 level.
Recommended Trade Levels
Trade: Sell USDJPY @ 89.80
Stop: 90.30
Profit Target 1: 88.60
Profit Target 2: 87.50
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