Expecting continuation of a USDJPY Short to meet the weekly trend-line before heading up, it is the natural progression of this market structure. But ultimately it is in a demand zone and could also move up, Break Even at the 38.2 / Counter Trend.
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.
