Bearishness on USD/JPY. Trade idea 4 Aug 2019

От HX_Fund
With new tariffs being imposed, the market is expecting a weaker dollar by the FED in negating some of the repercussion from the trade war. We are currently at the 1 year low. The next support is at 106.17. Shall wait for a retracement to short. Watch 107.3 closely, a fail break up would indicate a shorting opportunity.
Trend AnalysisUSDJPY

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