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The_Daimy0
Nov 7, 2017 2:53 PM

USDJPY breakout imminent  Long

U.S. Dollar/Japanese YenFXCM

Description

I know a large majority of the market are on the short bias..... however today's price action confirmed to me that this pair is preparing for a breakout.
114 looks like a pretty solid level, with the heavy shorts stacked, it might just add fuel for a nice short squeeze.
Comments
DouglasFun
Personally i think it will take a few more attempt for UJ to have a break out :)
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