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Is it time now?…USDJPY

by Gav Leave a Comment

Firstly, I don’t trade this pair. I have some negative biased views for both Dollar as well as Yen. I use this pair for analysis purposes. Alright, enough of nagging. I see weakness in Yen (that’s one of the reasons I am long AUDJPY now).

In the , what I call, a ‘short sighted’ view, USDJPY is trying to run up the 111-ish level. Let’s see how it works out.

Here is the….CHART!

[photopress:usdjpy06jul2008.gif,full,1]

And here are some statistics. ‘Short sighted’ view, we are in Uptrend. 🙂

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By Trader Gav

Filed Under: Trading Journal Tagged With: FX, Trading Journal, USDJPY

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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