STOIC_MARKETS

Perspective on UsdJpy

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Welcome our perspective UsdJpy

Usdjpy has been falling constantly with the falling of DXY, it's likely this price action will continue this path but not without the careful consideration of an upwards move first. UsdJpy is stuck in a small range where more reason is provided to go up than down first. We feel it is possibly for the black line given, to be followed. This pair will be watched over closely and should this move become fact, We will look to fill a sell order.

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