USDJPY (90.04)
USDJPY seems to have settled in a nice downward trend and it seems to stay that way and currently USDJPY has taken some very good retrace and mostly trades will be aiming to sell USDJPY around 90.35 level for a nice dip towards 89.25 level. Break of 89.5 level will set 88.35 as next target for USDJPY. RSI was a little bit on the lower side but the retracement has opened up RSI enough for USDJPY to take a comfortable dip below 89.50 level.
TRADE:
Sell USDJPY @ 90.35 for Profit Level @ 89.25 with Stop @ 91.20
DAILY CHART:
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