Long USDJPY @ 101.79

9.40 gmt

I’ve been in two minds whether to add to trades or not, since I am not able to monitor the markets at some times. But this seems like a good setup. Dollar strength expressed mainly via a strong UJ. Also note that going into December Japanese companies need to square books which usually leads to UJ strength. The chart also looks like we should break the previous high (103.8x) in this run-up.

Long $5/pip USDJPY at 101.79, SL 101.19.

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