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How I'm trading USDJPY: Lambert

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April 01, 2016
Clive Lambert of FutureTechs is shorting USDJPY. He points to the volatility that can follow in the wake of the release of the March US nonfarm payrolls report as something to be mindful of when trading.

USDJPY has been a favourite of Clive Lambert since the pair broke 1.1650 in February. He is looking to sell at 1.1200 with a stop at 1.1270.

His targets for the trade are 1.1067, 1.0850 and 1.0660.