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MoaiFX

Continuation of Trend on Strong Selling Pressure

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
MoaiFX  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Beyond Technical Analysis USDJPY yen USD fed interestrates
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trendanalysis beyondta usdjpy yen usd fed interestrates
USDJPY has shown strong selling pressure as U.S. economic data has turned very sour and the Fed has opened up options to cut rate.
The increased market risk will also be positive for safe-haven currency such as yen.
Simply wait for a retracement and consider selling at 618 level.
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