USD/JPY ANALYSIS
- Structure: up trend
- Daily Currency strength: weak
- Expectation: long reversal
- P.Action: invert Hummer 1H
Due to the strength of this fall, I would be prepared to take either long or short trades despite the fact there is a long-term bullish trend. A long from 107.85 could work but shorts from 108.21 or 108.54 also look attractive.
- Daily Currency strength: weak
- Expectation: long reversal
- P.Action: invert Hummer 1H
Due to the strength of this fall, I would be prepared to take either long or short trades despite the fact there is a long-term bullish trend. A long from 107.85 could work but shorts from 108.21 or 108.54 also look attractive.
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