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USDJPY - TIME TO SELL?

Price has just reached the 100MA (Red line) on the 1 hour timeline, which is inline with the 38.2 retracement and key resistance level (Red circles).

I will be looking to sell at this level, and target recent lows and manage the trade.

What do you think?

-L
FibonacciSupport and ResistanceTrend Lines

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