UPDATE:Stop Loss order has been moved to entry level... still targeting top of the channel, Good Luck
USDJPY - we are trading at the very bottom of the channel on daily chart ( please check the chart below ). So from technical perspective at least bounce could be in place twds top of that channel. Dollar also get data support ( Core CPI again above 2% ) and FED officials support. So taking all of the above into consideration we are buying the pair on dips ( between 100,20 and 99,80 ) with stop 20 pips below todays low and targeting top of the channel. Risk / Reward is on our side.
Good Luck
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