SELL USDJPY FOR A CORRECTIVE MOVE LOWER
Not selling until bears manage to make a good break of the bold red line.
Speculative traders can sell around 111.60 with a stop above the top, but note that this is a risky and very speculative setup. It would be better to break lower before entering.
Speculative traders can sell around 111.60 with a stop above the top, but note that this is a risky and very speculative setup. It would be better to break lower before entering.
Note
EurJpy also not looking particularly bullish right now.Seeing scope for a correction lower towrds 120.50/60 after a slightly dovish draghi pressconference.
Note
closed eurjpy 120.73usdjpy is now active i will lookout for a possible sell setup.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.