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mehrdadnrz
Jun 25, 2019 4:35 AM

USDJPY (1h) Short

U.S. Dollar/Japanese YenFXCM

Description

Also during this day, the speeches of the members of the Federal Reserve are resorted.
It is likely that the interest rate adjustment will be generally supported, which will decrease the dollar's decline.

And If we see real progress in this week’s talks, then we could see higher-yielding bets shoot higher against the yen. But if either party walks away without a concrete plan, then risk aversion could dictate the yen crosses’ price action

The description on the chart is clear

Sell Limit In 107

Target:106.40
Stop Loss : 107.70
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