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My $USDJPY short idea for tomorrow
Thinking of taking a short on $USDJPY if we get a bounce into the 158.00-158.20 zone. JPY intervention risk is still high and the BOJ is signaling a tighter stance. Looking for a quick scalp.
Entry
158.1
Stop
158.4
Target
157.3
4 comments · 4 points
I'm with you. 158.00 seems like a logical area for a reversal or at least a pullback.