Possible long position for USDJPY. Price has been moving above both the 200 and 50 EMA indicating a long bias. Price has also broken a local resistance zone so could be going up. Tiny stop loss of around 17 pips and a 100 pip take profit, good risk:reward.
Note
17 pip stop loss hit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.