USDJPY-Weekly Market Analysis-Aug20,Wk2

Long

Dollar Américain / Yen japonais (FX:USDJPY)

FX:USDJPY Dollar Américain / Yen japonais

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With the look of the structure and the Fibonacci level, there's a high chance that the market is set up for a trend reversal trade. I'm waiting for a retracement back to 105.55 for a trend-reversal buying opportunity. I'll look closely on how the candle react at the major resistance.

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