USD JPY retest : be ready for the next short

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As you can see, we are in a strong downtrend background, RSI showing it clearly. I expect a retest of the support level and a lower low all the way down to the weekly support at 108.160. Once the price shoes a rejection of the previous support, we can place a sell till the next level.

Trade geschlossen: Ziel wurde erreicht
Technical IndicatorspriceactionshortTrend AnalysisUSDJPY

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