anergeshammer

USDJPY Going forward

Short
anergeshammer Updated   
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
6
Any run up in USDJPY will be a SELL for me going forward. No target set at this time although I will be gunning for 110 even area. I will update over the weekend. It appears we have a triangle formation at play. All eyes on Trendline Resistance
Comment:
If we can close around here for the day, it will be a nice bearish candle (Shooting star) on the daily formed at the top of stochastic bearish cross.
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.