Wednesday, October 22, 2014

USD/JPY Overview

Today if we look at USD/JPY in H1 it is ranging in between 107.11 & 106.78.
There is no volume and no direction.
But if we look at H4 chart the pair is moving south and now is ranging.
I would be looking to take a sell trade on this pair, provided, I see a nice break below the envelope and the trend is supported by good volume.
Good luck everybody.



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