USDJPY has been in a bullish outbreak since last Friday, finally seeing some substantial movement after a pretty stoic year. I'm expecting more the pairing to go into a short after initially seeing a bearish tip this morning due to JOLTS. There is potential for UJ to short back down to support ranges where the bullish momentum initially began.
Sell Entry: 136.300
Targets: 136.000 | 135.840 | 135.640 | 135.500 | 135.130 | 134.770 | 134.300 | 134.100
Support: 133.800
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Sell Entry: 136.300
Targets: 136.000 | 135.840 | 135.640 | 135.500 | 135.130 | 134.770 | 134.300 | 134.100
Support: 133.800
Be sure to like, follow, and let me know what you think in the comments below.
Trade active:
Entry opened.
Trade active:
Targets down to 135.640/b] met. Potential support retracement around price area.
Trade active:
Targets down to 134.770 met. Expecting bearish momentum to continue down to support area.
