On the Other Side of the USD/JPY Range

With the Directional Bias bullish, today’s USD/JPY pullback has reached the first layer of the swing buy zone, the 20 period SMA close aka the 20DMA. With this correction comes a secondary, intraday set up as well. The 240-minute chart is triggering a distribution fade buy which is triggering at the…

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On the Other Side of the USD/JPY Range