USD/JPY reverses from key level

USD/JPY reverses from key level

The UJ has rejected the previous TWO week´s highs and a key bullish target, the 1.618 retracement of the first bullish leg of the move.

We are looking to go short on a possible reversal. But we need a pullback to the previous broken level (105.40)

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Author : Orlando Gutierrez

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