USDJPY Weekly Outlook
USDJPY has been in an uptrend in recent weeks and has reached a minor weekly resistance structure level.
It looks likely that the level will hold and so we are potentially looking to go short on a retracement of the bearish candle printed last friday.
Our preferred strategy is to wait and look to go long at the 108.63 level.
It looks likely that the level will hold and so we are potentially looking to go short on a retracement of the bearish candle printed last friday.
Our preferred strategy is to wait and look to go long at the 108.63 level.
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