USDJPY is in decent uptrend and any drawback should be taken as buying opportunity, the intraday time frame might be in downtrend mode, but this will change quickly when the buyers step in. I would buy when pair breaks upwards the 116 level for 40-50 pips intraday.
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Ex-bank prop trader,23+yrs experience trading FX and Fixed income. Semi-retired now trading for the fun. Join our YouTube youtube.com/c/Tradingmarkets
Ex-bank prop trader,23+yrs experience trading FX and Fixed income. Semi-retired now trading for the fun. Join our YouTube youtube.com/c/Tradingmarkets