OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hello traders, USDJPY has been trending down since several days, taking a short position in this situation is a low risk trade. If we get stopped in the first trade we will be waiting for the sec trade idea ( H&S ) with better RRR .
DXY is expected to go lower:


Japanese yen is doing very well lately during the Russia-Ukraine crisis because it is not "directly" involved like the U.S.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.