USDJPY Market Outlook | Daily Forex Market Breakdown
USDJPY
Expecting more downside with UJ, I wanted to take a short trade but It didn’t quite fit my trade plan. Remember in this game patience is key there is always going to be another trade so you need to make sure you aren’t rushing into every opportunity that comes your way! I believe UJ could come lower to previous support around 108.30 If we do pull back to 109.5 I will be looking for rejections.
Expecting more downside with UJ, I wanted to take a short trade but It didn’t quite fit my trade plan. Remember in this game patience is key there is always going to be another trade so you need to make sure you aren’t rushing into every opportunity that comes your way! I believe UJ could come lower to previous support around 108.30 If we do pull back to 109.5 I will be looking for rejections.
