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Why I’m trading USDJPY: Lambert
Clive Lambert, of FutureTechs, is selling USDJPY because he has seen significant weakness in this pair.
Lambert says the large selloff at the end of April gave some resistance between 109.25 and 109.80.
His trade is to sell at 109.15 with a stop above at 108.20, hoping that resistance will protect the stop. His targets are 108.25 and 107.10.
01:26 minutes
Tags: clive lambert, clive lambert futurestechs, jpy, saxo, saxo bank, saxo bank saxo tv, saxo tv, saxo tv trading floor, saxo tv tradingfloor.com, saxotradergo, saxotv, trade idea, trader, tradingfloor.com, usd, usdjpy
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