Trading_Magic

Long Short position on the USDJPY

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
long short for the USDJPY. trend following and double top divergence on the MACD this both clearly indicate a down trend confirmation, also according to the COT the USD is losing position of about 2,433 on the long and the JPY even though also losing 10,851 on the long is remain powerful since is still have a lot of traders on the long move.

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.