PipMentor

USDJPY short potential

Short
PipMentor Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Good evening traders.

Working late tonight analysing USDJPY as we think there could be a temporary correction to the current upward trend.

We're expecting price to continue upward to around 145.9 before correcting downwards to around 144.95

Market news tomorrow could affect the trade, so as always keep aware of your positions and protect as necessary.

Comment:
Waiting for news at 13:30 BST before we do anything here.
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