Although the overall bias is bullish and most retail traders are betting on short, we are currently neutral. We are betting on a double bottom that could potentially give us a 40-pip gain.
Best of luck! #USDJPY #PMT
Note
Well, we expected a bullish move, but no so fast in the week... USD could potentially stay strong this week.
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.