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U.S. Dollar / Japanese Yen
Short

USDJPY Short Bias

By mandoortiz
Updated
Originally the entry was at the beginning of this drop, bouncing from the 61.8. Unfortunately I didn't enter. I am looking for the next entry. I am thinking it can come up to the 38.2 and keep it downtrend going.

1st Target is support on the 1 hour around 115.205
2nd target is 114.325
Stop Loss 116.755

Comment
*i was expecting a pullback and entry at 116.551 but it just made a new low. i will continue to watch this and hope for a pullback for a good short entry
Comment
**I just entered short. downtrend started already and wont come back up in my opinion 115.863 i entered short.

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