fernandoc17

USDJPY time to short it

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Hi there,

Impulsive move on USDJPY looks like its about to end, as the dxy is also preparing for a retracement, USDJPY can fall now to make correction from the last weeks move, to prepare for the next up movement.
I will be looking for 106/107 area to start buying again, but for now look for sells, we are sitting on a weekly supply zone , a fall from here will happen.

Good luck

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