MarcellusLUX

USD/JPY reversed from strong resistance level, more fall likely

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Dear traders, in my previous idea, I mentioned about selling USDJPY at 111.50.
Previous idea attached below for your reference
Currently, USD/JPY still has more room to fall. I recommend traders to sell the rallies
in USD/JPY and target the 109 level as target 1.

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.