financialflagship

USD/JPY – Week 35 – Bearish move expected.

Short
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
In our previous outlook, we anticipated the price to make a small correction and continue the bearish momentum towards the support level. Instead, the price corrected more than we expected.
For next week, we are expecting a bearish move to unfold that will most likely reach the support level.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.