Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 133.5 zone, USDJPY is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend around 133.5 support and resistance zone. The recent USD data were all soft and signal a pause of rate hike from the federal reserve. Also we should consider the coming PPI to confirm the probability.
Trade safe, Joe.
Trade safe, Joe.
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Free Telegram Group:
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
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.