USDJPY retrace on rate hike expectations

Long

U.S. Dollar / Japanese Yen (FX:USDJPY)

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

We are expecting a retrace back to 114.30 to test for further upside on renewed usd strength.
Strong support @ 113.0

Comment:

no entry as yet. looking for next candle close for asian session direction. maybe going down lower

Comment:

entry @113.58 active

Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.