U.S. Dollar / Japanese Yen
Short
Updated

USDJPY SHORT

559
.Check the link below.


Although the trade is running negative, I am still confident of this setup.
Bank of Japan announced they would maintain it's current accommodative approach in response to figures showing a slowdown in inflation.

The pair re-tested the break-through line, making me believe that a strong pullback is on the way.

Feel free to use this trade yourself.
Note
SL adjusted to 150.200 ✅

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.