TradeTheStructure

The USDJPY has some work to do but is set to rally

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
The USDJPY is set to rally if buyers start the squeeze on short sellers. A push up through 106.920 will drag in the buyers we need for the move as higher lows are holding.
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.