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Snick3rSD
Jan 30, 2024 5:49 PM

USDJPY - Short term downside ✅ Short

U.S. Dollar/Japanese YenFXCM

Description

Hello traders!
‼️ This is my perspective on USDJPY.

Technical analysis: Here I expect bearish price action for short term as price filled the imbalance and rejected from bearish order block M30. My target is liquidity below equal lows and institutional big figure 147.000.

Fundamental news: This week is full of news in USA. Firstly on Wednesday we have Interest Rate followed by FOMC Conference, then on Friday NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.

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Trade closed: target reached

TP hit as expected
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