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WillSebastian
Feb 5, 2023 11:01 AM

USDJPY Rising To Short Zones 

U.S. Dollar/Japanese YenFXCM

Description

After riding USDJPY down on continued and growing weak sentiment we are seeing a move to the upside.

This comes after NFP News on Friday and USD strength VS JPY.

So It becomes your job to RE plan where you would like to RE sell in the market and what makes sense to you.

Exit any longs taken for gains on the push up.

Risk Averse SZ is shown, any longs will come on Dip/Bounces.

PS More advanced can lightly short now for early gains.

Trade Small And Trade Safe.
Comments
drfahim
132 is latest upside .
the news been over Friday night but future is not affect long term trend
WillSebastian
@drfahim, after a move up yes
JoeChampion
Good job Will, my bias are also bearish here!
WillSebastian
@JoeChampion, Thanks mate yes on reasonable PB
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