Hello my fellow community members,

This post is an update to my yesterday's blog entry regarding the USDJPY SELL TRADE . We had sold the pair with stop-loss above 113.66 and target at 112.35. The target has been achieved today. The trade ended with 89 pips profit.

USDJPY HOURLY CHART

From the chart it seems like one may get another opportunity to enter this sell trade near 113.00 levels. Stop-loss needs to be kept above the falling trendline.
Happy trading to all.
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