Be careful About This possible USDJPY Crash scenerio (Big SHort) Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Aug 23, 2022 1:29 PM

USDJPY price is near strong resistance zone And the TREND may reverse from 137$ ~ 140$ !!

so if we see high volume of bearish orders , we expect the trend reversal and going to the next supply zone (130$)

Comments

adamteres

⋅ Aug 25, 2022 12:29 PM

what cause USDJPY bear direction?

TradingRoom8wish

⋅ Aug 25, 2022 3:34 PM

@adamteres, 3Because I see three possible scenarios of price action in the chart and in terms of fundamentals