Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 133.8 zone, USDJPY is trading in a downtrend and extending pullbacks seems to be approaching the major trend around 133.8 Support and Resistance zone.
Fundamentally the Market is expecting rates cut and fed pivot. more of a dovish Fomc gives us more of a weak Dollar and considering that JPY is considered a safe haven in this type of environment USDJPY shorts should be a perfect catch.
Trade safe, Joe.
Fundamentally the Market is expecting rates cut and fed pivot. more of a dovish Fomc gives us more of a weak Dollar and considering that JPY is considered a safe haven in this type of environment USDJPY shorts should be a perfect catch.
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.