USDJPY Sell Trade Idea
Entry : 110.30 (Sell Stop)
SL : 110.60 (30 pips)
TP : 109.70 (60 pips)
Yesterday's cooling of U.S. inflation relieved the pressure on the Federal Reserve to start reining in its massive bond-buying program. Thus expecting a short term bearish sentiment on the US dollar.
As Price bounce off the Resistance zone, we wait for price to break below 110.30 for a sell trade.
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