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Why I’m selling USDJPY: Lambert

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Clive Lambert of FuturesTechs explains why he is trading USDJPY.

Lambert aims to sell at market - currently trading at 107.40 - adding at 107.63, and on a retest of 107.92.

He is placing a stop above 108.60. His initial target is 105.50, then, in the longer-term, 101.50 and 99.10.

He explains the background to a selected trade every week on Trading Floor.