Jpyusdsignal
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Bias: Short
JPYUSD has a potential to go short . We can explicitly see and realize that without pairing with US dollar,it does not have any other solid way in this context. A good short selling is possible but a reversal swing can inundate the plan . So, proper measure and care should be taken.
JPYUSD LongSymbol: JPYUSD
Time Frame: Daily
Bias: Long
The instrument has reached a critical long term support level ,technically there is high probability of reverse. If market condition is not greatly influenced by fundamental factors, there is a greater possibility of mean reversion and therefore an upward move.