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Wheelty

USDJPY remains held at 108 but watch for breaking of sup

U.S. Dollar / Japanese Yen (FX:USDJPY)  
Wheelty  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns
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trendanalysis chartpattern
USDJPY remains in range from 108 to 110, and structurally may look to break the 108 support.

Do not attempt to short yet, but wait for the 108 to be broken before looking for entry.

If not broken, we may see bulls rushing in, and we should stay cautious near the 110 resistance.
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