USDJPY BULLS SHOULD BE CAREFUL Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Nov 1, 2023 12:36 AM

USDJPY has been rallying like there is no tomorrow.

Yet as we have seen before, Japan tend to not digest USDJPY above 150.

We ask bulls to be careful of an immediate unexpected intervention!

-Signalwyse Team

Chart Patterns

Comments

MyCryptoParadise_Nathan

⋅ Nov 2, 2023 12:17 PM

Thanks for helping us navigate the markets!

Arazmajeed

⋅ Nov 2, 2023 7:44 AM

Impressive idea as always keep going on

TheGrove

⋅ Nov 1, 2023 8:09 PM

Good!

TheFxAce

⋅ Nov 1, 2023 2:37 AM

The downward risks you've touched upon are quite significant.

MarcellusLUX

⋅ Nov 1, 2023 1:47 AM

This is exactly what I had in mind. UJ reached the previous high and if it reverses here, price can fall very quickly, possibly 1000-1200 pips in a matter of a few weeks