Remain bearish $USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Mar 11, 2020 1:56 PM

Despite the choppy nature, remain bearish USDJPY. Failure should continue to be below March 3 low at 106.848
Watch break of March 11 low at 104.05 as an acceleration point.
Key is the momentum oscillator (circled) failing above the zero line.

USD JPY #forex #forex trading