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On daily charts, price does look a bit over brought. 200EMA & 100EMA is towards lower part of the triangle.
I plan to go short on touch of upper trendline. That area comes roughly comes around 83.25.
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Friday, November 30, 2012
USDJPY Triangle Short Trade
On daily charts, price does look a bit over brought. 200EMA & 100EMA is towards lower part of the triangle.
I plan to go short on touch of upper trendline. That area comes roughly comes around 83.25.
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