Usd/Jpy keeps trying to break above 119 but failing
The pair is sitting just below 119 now, after a couple of attempts to break the level
Yesterday's spike just above 119 was something that I did not expect,
and it cost me my positions to SLs, and hurt my capital
Still, there was swift action down after the spike,
and 119 is now slowly growing into a huge level of resistance -
the longer it can hold, the more unlikely it will be broken
So, my plan remains the same - sell the weaker Yen crosses
I…
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