secrets2trade

USDJPY Daily Outlook

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Hey guys,

The usdjpy broke the low of around 111.476 to the downside. We still expect the USDJPY to fall to around 107.456.

From there we are expecting a new impulse to the upside. Please bare in mind that the market can still make a correction in lower timeframes before reaching the level of around 107.456. Anyhow, we are still short the USDJPY either way. Let's see!

We wish you a relaxed weekend.

cheers
Comment:
Here you cam see why structure trading works. We await USDJPY to fall to around 108.50
Comment:
What to say, our position is in huge profit. Move your stop to break even and let it run
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