USDJPY Bears catching a breath
Last week we saw the Japanese currency gain strength against the Dollar, from a technical point of view we are to expect this pair to continue going short, we have an expanding ascending channel indicating the bulls have been losing strength, we also have broken major support levels now turned to resistance. For most of this week we may be on the pullback phase on this pair before the bears come-in
Trade active
OFF WE GO!!, UJ setup is at play, market reacted exactly as predicted, the bearish flag made everything smoother for us, this is just the beginning of a long way down so don't worry if you didn't enter, more entries are coming!! No need for FOMOTrade closed: target reached
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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.