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UnknownUnicorn487550

USD/JPY: Below 106.70 Sell Intact. Next Target 102.00

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
UnknownUnicorn487550 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Fundamental Analysis USDJPY usdjpyanalysis usdjpysignal usdjpytradeidea
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trendanalysis chartpattern fundamental usdjpy usdjpyanalysis usdjpysignal usdjpytradeidea
As long as usd/jpy below 106.70, sell will persist. next target 102.00. if we see usd/jpy break above 106.700, we may go long till 108.15 and finally upside target is 110.00. beyond the present fundamental condition, it is hard to test usd/jpy 110.00. US-CHINA, Covid-19, and like such issues safe-haven JPY is still demandable.

USD/JPY still closed the week below the descending trend line. fundamental also support for the downward move.
USD/JPY Sell limit @ 106.10
sl: 106.70
tp1: 104.50
tp2: 102.00
Trade closed: stop reached:
Buy Activ, Wait for the target1
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