USD/JPY (More Slides Should be on the card)
Updated
USD/JPY
We are seeing serious Bearishness on the pair for the past 2 days.
In fact, this pair is highly correlated to stock markets.
If there is any Risk OFF mode is on, this pair should slide.
I am expecting it is just a beginning and the slide is to continue. We can look at 108.7 and 107.9 regions as decent support levels aka take profit levels.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
We are seeing serious Bearishness on the pair for the past 2 days.
In fact, this pair is highly correlated to stock markets.
If there is any Risk OFF mode is on, this pair should slide.
I am expecting it is just a beginning and the slide is to continue. We can look at 108.7 and 107.9 regions as decent support levels aka take profit levels.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Note
TP1 Hit. +140 pips.Now it should swing to TP2 level of 107.81 level.
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