USDJPY Short sell Long term Buy back up
Updated
USDJPY to me looks to be in a 12345 WAVE STRUCTURE up to test the top. If you look left USDJPY tends to like to do this kind of impulse. Currently with pairs moving against the dollar this makes sense to see USDJPY also pull back down. Price could be heading to leg 4. I don't trade USDJPY often but I am beginning to look at it. When I see dollar strength and a buy setup in my favor I will take it.
Note
Current TREND: DOWN UNTIL OTHERWISE
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.