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USDJPY Short?

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#USD/JPY# USDJPY Short?

Descending channel forming. Opportunity to go short. Close trade if price breakout of channel upwards.

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Good job, I will keep watching...
US ISM manufacturing PMI data is due out today - might impact the pair. Street forecast is a small rise to 54.5 from previous reading of 54.2
according to overall TF it shows bearish bias ... adding with ur analysis is much clearer to go short in this pair =)
short is much favorable

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