USD/JPY (More Slides Should be on the card)

USD/JPY

We are seeing serious Bearishness on the pair for the past 2 days.
In fact, this pair is highly correlated to stock markets.
If there is any Risk OFF mode is on, this pair should slide.
I am expecting it is just a beginning and the slide is to continue. We can look at 108.7 and 107.9 regions as decent support levels aka take profit levels.


DYODD and Trade Safe
s0nic



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Comment:

TP1 Hit. +140 pips.
Now it should swing to TP2 level of 107.81 level.