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Bullandbeartrading
Jan 13, 2020 8:44 AM

USD/JPY Trade Idea Short

U.S. Dollar/Japanese YenFXCM

Description

Hello and welcome to my Trade Idea of the currency pair USD/JPY.

Lets start with the Top Down Analysis.


Monthly: The monthly timeframe is bearish. As well there are huge bearish candles in the past.

Weekly: We see on the weekly timeframe a pullback to the trendline. I think that the trendline will hold. Overall is the trend bearish.


Have a nice day.
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