USD/JPY UPDATE - Post FED Adjustment
Dear Friends,
How I see it:
Pair shorted to TP1, area offered interim support.
New FMV - post FED adjustment.
Possible outcomes indicated with new targets.
Keynote:
High TF Bearish behavior -
1) Interim rally to fill imbalances?
or
2) Will bearish trend resistance be breached?
With the $ anything is possible, even though the Yen
is highly attractive for buyers at the moment.
Only time will tell, consistency in small increments will get you there!
Thank you for taking the time to study my analysis.
How I see it:
Pair shorted to TP1, area offered interim support.
New FMV - post FED adjustment.
Possible outcomes indicated with new targets.
Keynote:
High TF Bearish behavior -
1) Interim rally to fill imbalances?
or
2) Will bearish trend resistance be breached?
With the $ anything is possible, even though the Yen
is highly attractive for buyers at the moment.
Only time will tell, consistency in small increments will get you there!
Thank you for taking the time to study my analysis.
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.
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.