Long the US Dollar vs Yen, Aussie
The USDJPY position remains in force as long as the pair trades above ¥76. Profit targets start at ¥80 on the USDJPY.
My stop on said position is above $1.0520 and I will look to take profits closer to the $1.0170 mark.
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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