FX:USDJPY   U.S. Dollar / Japanese Yen
Who would dare buy the USD and sell the yen.

I would.

Monthly trend is down but price is at a large monthly DZ, not an area to be going short.
Price is also at weekly demand
then price gave evidence of over-extension with 3 continuation patterns in a row followed by the break of the MoM Trendline , leaving behind, a Demand zone

I would dare to buy the USD up to around 110 as first target and then 111 as second target
Be careful what you think because your thoughts run your life..King Solomon
Agree
Reply
@stalin, I agree, ultimately price is likely to to the price level you point out. I am however speaking of more shorter term than longer term. by this I mean a week or so.

best wishes
Reply
Short to the 106 is more likely
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out