Strifor || USDJPY-17/04/2024

FX:USDJPY   U.S. Dollar / Japanese Yen
Preferred direction: SELL
Comment: All previous long trades that we gave for this pair earlier have been closed. Today we are looking at the long-awaited short that so many have been waiting for. However, everyone needs to realize that we are considering this sell trade more in the short term. The global uptrend is strong and is likely to continue. Looking at a global picture, we can suppose that the current trend will continue towards 160 and higher.

Today we indicate two scenarios with a target at the level of 153.222, but one can also consider target №2 at the level of 151.786.

Additional comments on this trade will be provided as situation changes. Follow us!

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Trade active:
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Trade closed: target reached:
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