USDJPY: possible scenario
Risk-on sentiment is still valid, the Japanese yen is in the uptrend and there is no sign for a reversal..
Joining bulls from around 110.05-109.78 with 110.8 take profit provides decent R:R (2.73).
Keep in mind that this idea can be realized in several days and long position in USDJPY has negative swap.
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Joining bulls from around 110.05-109.78 with 110.8 take profit provides decent R:R (2.73).
Keep in mind that this idea can be realized in several days and long position in USDJPY has negative swap.
//
Follow me to stay updated.)
Note
Small mistake: USDJPY has POSITIVE swap.Trade active
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