charts247

USDJPY HEADING DOWN!

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
After the much awaited NFP, We expect USD to make a big pullback!
USDJPY is unable to trade above the mini structure 119.80
Our short for this trade is 119.70 stop is very tiny above 119.80-85.
A break below 119.36 will give us a proper slide to 118.30 first target.
Below here we expect the pair to trade towards 117.119.

ENTRY: 119.70
STOP: 119.85
1ST TARGET: 118.31
EXTENDED TARGET: 117.119

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