The Shorters on USDJPY thought they were smart last week but gone burn this week. I agree with Pinozi that the price is moving up to around 115.
Here is how my EA is trading this pair, it will buy any time the price drops by 35 pips at a larger lot size. I just watch from the sidelines.
So far on this chart about 170 pips profit.
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The Shorters on USDJPY thought they were smart last week but...
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