Direction: long
Target: TP1 98,80
Protection: SL 97,70
Our setup: 98,00
Background: The USDJPY is now trading at 98.00 after a huge drop yesterday. Technically the long term trend is still intact. This dip, correction level is a good option to buy back the trend. If broken the critical support at 97,70 we have liquidate the position. But this is a good Risk &Reward ratio position. On the target side we are looking up to 98,80 the previous resistance and top level.
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