I am already in a short trade with USDJPY but I will be looking for further short positioning if price can retrace to around the dotted line. I’m looking for shorts primarily with the overall fundamental context of the US Dollar right now as a whole. I’m not necissarily looking for a long term trade, just looking to hold over the next few days as recent lower timeframe price action (1H, 3H) have been bullish and investors may have found value in the dollar at these recent lows.
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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.