Sell USD/JPY from double top resistance
A double top pattern is forming in the Usd/Jpy daily chart which could be a good opportunity
for the sellers to step into the market.
Expecting heavy decline in UJ once the broad based strength of US dollar falls.
Targets are 137, 136 and then 132 long term. Entry can be taken above 138.50.
Stops should be set above the previous high.
for the sellers to step into the market.
Expecting heavy decline in UJ once the broad based strength of US dollar falls.
Targets are 137, 136 and then 132 long term. Entry can be taken above 138.50.
Stops should be set above the previous high.
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