USDJPY Downside potential Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jan 1, 2023 10:07 PM

I expect a Pullback to the resistance line, after that the price might go to 126 range. The SL will be slightly above the red line to prevent being stopped by a potential fake breakout.

Since I am in my learning phase, what do you guys think?