FX:USDJPY   U.S. Dollar / Japanese Yen
Yen pairs really took a battering last month. However, this month should see a fightback from the yen bears.

Having said this, USDJPY seems to be coming back down to the bottom of it's downtrend channel and a reversal is on the cards.

However, I would be cautious as this pair has come down very strongly forming a very bearish daily/weekly/monthly candle on the close of Friday.

I hope to see USDJPY dip further on Monday/Tuesday with signs of bulls coming in to the London/New York sessions on either day to give me confidence before going long.

Trade safe and good luck!
Comment: MOVE SL to EP.
Comment: SL at EP hit

Comments

DOLLAR IS DUNEFOR,,SELL THE F.....ER !!
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