Opportunistic Wednesday presents us with USD/JPY

Hello Traders,

This week has been really slow and fakeouts seem to be all over the charts.

That said, let’s see if we could get a good setup to trade today

 

 

1. USD/JPY

Price on the USD/JPY has been struggling around the key support zone.

A breakout may further encourage sellers to take price to the next possible support level (103.439)

A reversal means there is a huge tendency that price could revisit 104.488

 

What say you?

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