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fernandoc17

USDJPY time to short it

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
fernandoc17  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis USDJPY usdjpyshort usdjpylong usdjpydaily usdjpybuy usdjpyforecast usdjpylongsetup usdjpysignal usdjpy1hr
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trendanalysis chartpattern waveanalysis usdjpy usdjpyshort usdjpylong usdjpydaily usdjpybuy usdjpyforecast usdjpylongsetup usdjpysignal usdjpy1hr
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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