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USDJPY short potential
U.S. Dollar / Japanese Yen
Short
USDJPY short potential
By TopOfThePips
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Updated
Aug 16, 2023
4
Aug 15, 2023
Good evening traders.
Working late tonight analysing USDJPY as we think there could be a temporary correction to the current upward trend.
We're expecting price to continue upward to around 145.9 before correcting downwards to around 144.95
Market news tomorrow could affect the trade, so as always keep aware of your positions and protect as necessary.
Aug 16, 2023
Note
Waiting for news at 13:30 BST before we do anything here.
Trend Analysis
TopOfThePips
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