StellarCraig

USD/JPY SHORT ON THE HORIZON!

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
FUNDAS - Despite strong jobs on Friday i still see this pair retesting low 108's before deciding on direction. The dollar has had a great run lately and im sure profit taking will start to take effect, along with the Yen catching a few haven bids with the trade situation. 


TECHS -I will be looking for a rejection in the 109.75-110 area first, before jumping in for a ride down below 109, adding to winners along the way.

Happy Trading!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.