tommyjose92
Short

USDJPY D1 BEARISH 0.618..

FX:USDJPY   U.S. Dollar/Japanese Yen
USDJPY             D1 BEARISH 0.618.. 4:00 - 30 minutes before closing the second day of the week we are looking for a pair that is closing just 8 pips below the opening after three consecutive bullish days for the USDJPY             , besides this we can see that the trend for this pair has been bearish since june, which give us reasons to think about further downside activity for tonight with the tentative monetary policy statement for the Bank of Japan. I am looking this pair as a good opportunity to sell if the price goes below the 122.90 pivot point, with the opportunity of the price reaching the 120.69 level. I will wait until tomorrow's close to see if we have bearish trades to possibly take.
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