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U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - Pullback Trade

49
1hr-chart:

Expecting USDJPY to pull-back to some upside now.

Should be wise to take quicker profit & anticipate a down-trend resumption (further on).

Best regards.
Note
Expecting a nice similar pullback for both GBPJPY & EURJPY as well:

snapshot

snapshot

But both AUDJPY & NZDJPY does not look so juicy as this (yet)...

CADJPY might be quite considerable (for this similar Long)...

Regards.
ProFX_Strategist

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ProFX_Strategist

Related publications

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.