ProFX_Strategist

USDJPY - Longer-Term Downtrend Continuation:

Long
FX_IDC:JPYUSD   Japanese Yen / U.S. Dollar
1
Note(s):

This is JPYUSD (USDJPY inverted);

Basically, from what I see, the uptrend of JPYUSD is just looking started (strong & intact)... But I expect some kind of a pullback at this point (based on smaller time-frame price action signs) (& based on my feeling of the price action; the pullback is most likely going to be quite deep), before a resumption of the uptrend (see chart).

Best regards.
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