Dear Traders,

For the last couple of days, all YEN pairs have shown the similar price actions – riding 21EMA on Hourly Charts.


I would simply recommend to keep selling from 21EMA, until the price breaks it.

When it breaks, then the next selling zone will be 21EMA on H4 chart.


I am Bearish until the price hits 116.0, which is the low on Aug 24, 2015.


You could apply this strategy to other Yen pairs as well.


YJ Baik – Forex.Today @ Tokyo


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