USDJPY is moving in a very nice downward trend and this trend seems to go in the manner in the coming week. Currently a good selling level is present at 89.50 level and initial targets are seen around 88.60 level, break of which will set 87.50 as the next target for USDJPY.
Recommended Trade:
Sell USDJPY @ 89.50
Stop @ 90.20
Profit 1 @ 88.60
Profit 2 @ 87.50
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