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AschraM
Feb 18, 2019 6:42 AM

USDJPY Short sell Long term Buy back up Long

U.S. Dollar / Japanese YenFOREX.com

Description

USDJPY to me looks to be in a 12345 WAVE STRUCTURE up to test the top. If you look left USDJPY tends to like to do this kind of impulse. Currently with pairs moving against the dollar this makes sense to see USDJPY also pull back down. Price could be heading to leg 4. I don't trade USDJPY often but I am beginning to look at it. When I see dollar strength and a buy setup in my favor I will take it.

Comment

Current TREND: DOWN UNTIL OTHERWISE
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