U.S. Dollar / Japanese Yen

Short

Updated

USDJPY more downside correction

We couldn't close higher, so I am revising my idea on this for a lower downside target. We probably have one more rally left, then maybe a downside target around either 108 or 106 depending on the next high. Let's see how price develops.

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Updated possible scenario on this to watch:

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Trade active

First pullback. Maybe we can get a bargain price.

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partial profit, sl be

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first bigger lvl of resistance

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reloaded again on 15 tf

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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.