#USDJPY Short Idea

FX:USDJPY   U.S. Dollar / Japanese Yen
#USDJPY Short Idea

1. abcd pattern
2. retest of structure
3. Fibonacci extension and cluster
It all depends on the US GDP next week. If they are better then expected we will see DXY rally for several new highs again.

Since not just a 25BP rate hike will be possible for this year but even 50BP are possible...

I guess we will consolidate and then take a direction with the US data. Just wait and follow the trend if you want to be safe.
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