USDJPY 2015 August 25th : watch the 118,5 support line.

stephane

Private, 1st Class
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I obviously want to be bearish after such a daily candle, but it would probably be a bad idea to short that pair above the 118,5 support. Better wait for a retest of the 120,5 resistance.
If the pair go south without retesting 120,5, I will wait for a pull back after breaking 118,5 to short it.

A breaking up of 121,5 would end my bearish bias.

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