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Swing Price Action Analysis For USDJPY 07/02/2019

swing price action analysis usdjpy 7-2

As a price action trader, I always preferred to rely on supply and demand as a strong key level, I marked on the USDJPY chart great key levels to looks for swing positions, at the Moment the momentum is bullish and seems the price tends to reach the supply above, therefore, if the price retrace the demand below, I’ll buy there and my final target will be the Supply above which is a great level for sell position, both key levels are relevant for swing forex traders.

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