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USDJPY: Falling Out of The Sky?
U.S. Dollar / Japanese Yen
Short
USDJPY: Falling Out of The Sky?
By AlkalineFX
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Sep 2, 2021
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Sep 2, 2021
This pair is ready to fall out of the sky if you look at it from a money distribution perspective.
I assume the last run of liquidity was to capture orders from the demand area, now we have collected them, we can collapse to the downside.
I will be looking for slight pullbacks before I get involved in shorts.
What are your thoughts on this analysis, comment below.
Technical Indicators
Trend Analysis
USDJPY
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Wave Analysis
AlkalineFX
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