USD/JPY Not A Bad Hedge Or Cross Here
USD/JPY is showing some progress this morning, though still in a range.
That being said, it might be a good candidate to hedge other dollar longs or as a cross... a test of 105.76 swing low is also a test of the trend support line going back to July 31st, 2020.
Disclaimer: Futures, Forex and Option trading involves substantial risk, and may not be suitable for everyone. Trading should only be done with true risk capital. Past performance either actual ...
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