Barclays issued a recommendation for the USDJPY currency pair.
The Bank recommends taking a short position on the pair with following levels:
Entry: limit order to short at 132.50
Target:122.00
Stop: 134.00
Barclays recommends taking a limit order to short on USDJPY at 132.50 with a target of 122.00 and a stop loss order placed at 134.00. Source: xStation5
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