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USDJPY : Downtrend Expected To Persist

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
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FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY
7
0
usdjpy
USDJPY has been in the downtrend since the start of 2017. The price is currently trading in a downtrend channel highlighted in purple.

Lazy Strength Indicator still indicates a strong downtrend on Daily chart.

I will continue to look for SHORT OPPORTUNITIES on hourly chart using the Lazy Trend Strategy.

Area to monitor: 107-108 Zone (Red Rectangle)
There might some support around this area.

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