Next week ideas: Weakness and next support in USD/JPY
Three days losing streak here and - which probably is more important - yesterday it broke down a faily strong support zone at 112.5
I'd expect it quickly gets next support at 111.5, then there might be a kind of rejection into 113.0 and a move back down. Gonna be a good week for momentum plays.
I'd expect it quickly gets next support at 111.5, then there might be a kind of rejection into 113.0 and a move back down. Gonna be a good week for momentum plays.
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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.