USDJPY Ananlysis Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ May 14, 2019 6:55 PM

This pair has been in a downtrend and has just created a lower low followed by a pullback and nice advanced engulfing 123 candle. All below the 50ema. This makes for a good example of the pullback strategy.

Entry - 109.65
Stop - 109.98
T1 - 109.33