DollarYenQueen_

USDJPY Continued Sell

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Expecting USDJPY to continue its downward motion after Monday's price dump due to BOJ's Monetary Policy Statement and press conference. Tomorrow USD announces its Final GDP data and Unemployment Claims + BOJ releases National Core CPI data and Monetary Policy Meeting minutes which may further strengthen the Yen causing more sell-offs.

I have based my analysis on the last time UJ saw current pricing in early June of this year.

Sell Entry: 131.000
Targets: 130.500 | 130.000 | 129.500 | 128.900 | 128.500 | 128.000 | 127.500 | 127.000
Support: 126.500

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Trade active:
Entry price 131.000 triggered.