USDJPY looks weak
USDJPY should be soaring. A FED rate rise round the corner, good jobs number, a raft of positive economic releases - everything USD BULLISH but the BULLS are struggling.
Last Friday saw a shooting star red reversal candle and Monday is already down from the open.
From a technical standpoint a move down to support at 113.59 looks likely.
Trade idea.
SELL down to support at 113.59.
Above 114.72 the picture looks mildly more BULLISH.
Last Friday saw a shooting star red reversal candle and Monday is already down from the open.
From a technical standpoint a move down to support at 113.59 looks likely.
Trade idea.
SELL down to support at 113.59.
Above 114.72 the picture looks mildly more BULLISH.
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