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Short

USDJPY - 116 Key Technical Level Broken

FX:USDJPY   U.S. Dollar/Japanese Yen
450 2 9
Greetings Fellow Traders,

As mentioned last week for USDJPY             and GBPJPY             the key levels we were paying attention to have been broken and we're ready to get in on some of the action.

For those that are not already short on USDJPY             look for a 15 minute close below the supporting bullish strength from Monday's trading. The 116 level was important enough for us to see 106 potentially in the coming days/weeks.

Feel free to like/comment/follow
I am waiting for same structure to sell. My targets are 113 - 110 - 105 - 101
+1 Reply
Synapse bulent_akgul
Hi bulent_akgul! Those sound like great targets! Thanks for sharing
Reply
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