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JoeChampion

USDJPY Potential Downsides

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
JoeChampion  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Beyond Technical Analysis Technical Indicators USDJPY USD jpy SELL short Bearish Patterns Technical Analysis Contains image
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trendanalysis beyondta indicator usdjpy usd jpy sell short bearish technicalanalysis containsimage
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 133.100 zone. USDJPY is trading in a downtrend and now seems to be in a a correction phase in which it is approaching the major trend around133.100 resistance zone. I would also keep an eye on tomorrow's CPI as it would be a good confirmation for new lows if it comes soft.
Trade safe, Joe.
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