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haylettc
Sep 25, 2017 3:27 AM

USDJPY Weekly Markup Short

U.S. Dollar/Japanese YenFXCM

Description

At the moment, it's looking like USDJPY may respect the trendline between January's high and July's peak. If it does, this could ultimately test back to the bottom of the channel again, reaching at least the 107s. Here I'll be testing one short for a mid-way TP and one for a TP to-be-decided. If this level breaks, we could see 114 tested yet again, at which point I would likely try another short.
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